锷Atlantic CouncilDecarbonizing theAluminum Market:Challenges and OpportunitiesNitya Aggarwal,Matthew Piotrowski,and George FramptonAcknowledgmentsThe Atlantic Councilwould like to thank theClimateWorks Foundationfor supporting our workon this project.COVER:Molten metal is poured into carbon anodes at Century AluminumCompany at a Kentucky plant.May 2019.Source:REUTERS/Bryan WoolstonThis report was written and published in accordance with the Atlantic Council policyon intellectual independence.The authors are solely responsible for its analysis andrecommendations.The Atlantic Council and its donors do not determine,nor do theynecessarily endorse or advocate for,any of this report's conclusions..1SBN-13:978-1-61977-312-7January 20242024 The Atlantic Council of the United States.All rights reserved.No part of thispublication may be reproduced or transmitted in any form or by any means withoutpermission in writing from the Atlantic Council,except in the case of brief quotationsin news articles,critical articles,or reviews.Please direct inquiries to:Atlantic Council,1030 15th Street NW,12th Floor,Washington,DC 20005