A five-year delay to decarbonization efforts could see global average temperatures rising to 3 degrees Celsius above pre-industrial levels, the firm says.
Neo's rare earth separation factory in Estonia is expected to purchase the rare earth oxide from the initial output of Meteoric's Caldeira project in Brazil.
The proposal aims to align aluminum market with the requirement of Europe's Carbon-Border Adjustment Mechanism which applies a carbon-related cost to certain imported products.