These both support the ‘wider metals industry’ which includes major research by universities and other agencies, as well as engineering and consulting businesses and service and product suppliers.
Metals are indispensable in our society, but they do have environmental consequences – mostly due to the high-emissions process involved in making them.
But they are also part of the solution.
Not only are metals critical to building our low emissions infrastructure like windmills and geothermal, but they have a central role in the circular economy that will support New Zealand’s transition to a waste free and low-emissions future.
It is the opposite of our existing ‘linear economy’ – simply put, a ‘take, make and waste’ model where valuable resources often end up in the landfill; at best in the case of plastics.
In a circular economy, waste is designed out of the system to ensure we can maximise value of resources through using, reusing, upcycling and recycling anything we make.
Metals are the ultimate technical materials in a circular economy as the steel, stainless steel and copper among others –are infinitely recyclable.
Reuse – Modern design and manufacturing processes enable optimal use of material, for example New Zealand’s Steltech delivers optimised beams and columns. These can be frequently reused direct from a construction site.
Upcycling – Scrap metal is frequently upcycled by foundries into high value castings.
Recycling – Valuable scrap is recycled in New Zealand into high value windows by Omega Windows, which have globally the lowest embodied carbon of any window manufacturer.
Work is being done globally by large steel processors to significantly reduce their carbon footprint.
Locally New Zealand Steel has made significant progress in reducing energy use and 70% of its electricity is generated on site through co-generation processes.