Consultation has opened today for the design of the Albanese Labor Government's $2 billion Green Aluminium Production Credit. The record $2 billion investment in the Australian-made aluminium industry is backing Australian industry and Australian jobs.
The Credit will provide local smelters with the confidence to invest as they move to using renewable electricity.
By backing Australian-made facilities, Australia secures a lasting competitive edge in the global clean energy economy.
Used across construction, defence, transport and electronics, as well as in clean energy infrastructure like solar panels, wind turbines, and transmission lines, aluminium is central to both Australia's industrial strength and the clean energy transition.
Aluminium is essential for a Future Made in Australia because of its strategic importance - and Australia has the skills, facilities and best wind and solar resources to strengthen our position as the sixth largest producer of aluminium in the world.
There is significant global demand for aluminium, and this important incentive will help Australia, and our trading partners reduce their emissions. The production of aluminium contributes 3-4 per cent of Australia's total greenhouse gas emissions, so cutting these facilities' emissions will support the Government's 2035 emissions reduction targets.
Facilities will be eligible for support for every tonne of clean, reliable, Australian-made aluminium they make over a period of up to 10 years or to 2044, whichever is sooner.
Consultation on the design of the production credit opened today and will close on 30 October 2025.
