Local authorities, community sector organisations and waste management companies can now expect to be paid 1,050 per tonne for baled cans and 1,000 per tonne for loose when delivering to one of Novelis’ regional aggregation centres.
” Aluminium as a metal being recycled is increasing, with Defra figures indicating that 28% of aluminium packaging is being recycled. But we believe that the rate for aluminium cans is actually nearer 40% “
– Andy Doran, Novelis
The company has also increased the price it will pay for aluminium foil taken to the centres by 200 to 650 per tonne.
Prices for aluminium cans that have remained fairly constant for years have risen four times since November 2005, before which they had been at 650 per tonne for loose cans.
The company's new recycling manager, Andy Doran, told letsrecycle.com today that the increased price offered by the company was a reflection of the world market for aluminium and the increased capacity at the Novelis plant in Warrington.
LME
Mr Doran said: “Cans and foil are valuable aluminium that we can use and this highest ever price we have offered reflects that. The London Metals Exchange price is currently high, therefore the Novelis price needs to be high alongside it.
“Aluminium as a metal being recycled is increasing, with Defra figures indicating that 28% of aluminium packaging is being recycled. But we believe that the rate for aluminium cans is actually nearer 40%. The price rise goes with the increasing capacity of this closed loop material,” he added.
Mr Doran, who has just completed his first month with Novelis since moving from Defra (see letsrecycle.com story), said in his first interview since that he was pleased to have re-joined a company he had previously worked for at a lower level.
He said: “I need to refamiliarise myself with the role and get a good grounding before I go out to the industry. I have come at an exciting time with the expansion of our Langford plant and in the price rise and it has been so far so good.”
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