• Apple forges eco-friendly aluminum venture with Alcoa and Rio Tinto

    10 monthes ago - By Venture Beat

    A low-cost, long-term deal pairing Apple with metal giants Alcoa and Rio Tinto intends to eliminate greenhouse gases in manufacturing aluminum, the companies announced today. Named Elysis, the companies' joint venture will be based in Canada, and expects to commercialize the eco-friendly technology in 2024. Aluminum is one of the most commonl...
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  • Apple just invested $10 million to make aluminum with a 'completely new process'

    Apple just invested $10 million to make aluminum with a 'completely new process'

    10 monthes ago - By Business Insider

    Apple is investing in a new joint venture with aluminum giants Alcoa and Rio Tinto.
    Apple uses a lot of aluminum in its products.
    The joint venture is called Elysis, and its focus will be on working to scale and commercialize a new aluminum manufacturing process that doesn't generate greenhouse gases.
    Apple's most famous products are made out of aluminum - its iconic MacBooks, iPhones, and iPads are clad in the metal, often carved out of a single block.
    The company's prodigious appetite for aluminum is a big reason why Apple announced on Thursday that it's investing just over $10 million...
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  • Apple invests $10M in greenhouse gas-free aluminum smelting

    Apple invests $10M in greenhouse gas-free aluminum smelting

    10 monthes ago - By Tech Crunch

    Canadian Prime Minister Justin Trudeau and Quebec Premier Philippe Couillard joined a key execs from Apple and industrial manufacturers Alcoa and Rio Tinto to announce a new process for smelting aluminum that removes greenhouse gases from the equation.
    Alcoa and Rio Tinto are creating a joint venture in based in Montreal called Elysis, to help mainstream the process, with plans to make it commercially available by 2024. Along with swapping carbon for oxygen as a byproduct of the production process, the technology is also expected to reduce costs by 15-percent.
    It's easy to see why Apple's...
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