Press Metal Aluminium Holdings Berhad SECTION 3 • CHARTING THE PATHWAY TOWARDS EXCELLENCE 26 Global Megatrend Advancements in digital technologies are transforming the aluminium industry, allowing producers to gather, analyse, and utilise production data more effectively at both the factory floor and control room levels. The integration of IoT sensors is optimising production processes and enhancing real-time data collection and monitoring, enabling precise oversight and improved performance21. In smelting, these innovations have significantly enhanced anomaly detection in electrolytic cells, addressing critical challenges such as anode effects, temperature fluctuations, and losses in production efficiency — issues that could lead to serious operational and safety concerns. This technological progress has led to reduction in perfluorocarbons (“PFCs”) emissions and operational downtimes, improving both the environmental sustainability and operational efficiency of the smelting process22. As digitalisation becomes increasingly integral to the industry, cybersecurity has emerged as a key priority. With systems becoming more interconnected, robust cybersecurity measures are essential to safeguard operations and ensure the integrity of critical infrastructure. Impact on Business Operations • New technologies and innovations enable us to enhance resource utilisation efficiency, improve oversight precision, and optimise production performance, resulting in overall improvement in operational efficiency. • By increasing data interconnectivity and adopting integrated smart automation, we are able to implement cutting-edge technologies and innovative solutions to further refine our operations and reduce operational GHG emissions. • As digitalisation expands, cybersecurity measures will be enhanced to safeguard our production systems against potential threats, ensuring operational continuity and data integrity. Outlook for 2025 We are committed to adopting innovative solutions that drive continuous improvement and sustainability across our operations. By integrating new technologies, Press Metal is poised to achieve significant gains in operational performance and long-term growth. These advancements will enable cost savings, ensure robust compliance with environmental regulations, and enhance product quality. Embracing this technological evolution, Press Metal is positioned as a forward-thinking organisation in an increasingly dynamic and rapidly evolving global market. Digital Transformation and Industry 4.0 Source 1 The Edge Malaysia (2023). Press Metal’s 3Q results miss market expectations, aluminium prices to remain subdued. https://theedgemalaysia.com/node/691894 2 UNCTAD (2024). Suez and Panama Canal disruptions threaten global trade and development. https://unctad.org/news/suez-and-panama-canal-disruptions-threaten-global-trade-and-development 3 IMF Blog (2024). Red Sea Attacks Disrupt Global Trade. https://www.imf.org/en/Blogs/Articles/2024/03/07/Red-Sea-Attacks-Disrupt-Global-Trade 4 IMF Blog (2023). Climate Change is Disrupting Global Trade. https://www.imf.org/en/Blogs/Articles/2023/11/15/climate-change-is-disrupting-global-trade 5 Shanghai Metal Market (2024). Guinea’s Next Move: Will It Follow Indonesia’s Bauxite Export Ban? https://www.metal.com/en/newscontent/103026920 6 Reuters (2024). New alumina suppliers in 2025 poised to rupture record price rally. https://www.reuters.com/markets/commodities/new-alumina-supplies-2025-poised-rupture-record-price-rally-2024-11-15/ 7 Shanghai Metal Market (2024). Key highlights from the global aluminium industry, November 2024. https://www.metal.com/en/newscontent/103071957 8 ING THINK (2024). Aluminium deficit to support price in 2025. https://think.ing.com/articles/aluminium-deficit-to-support-prices-2025/ 9 WMO (2025). WMO confirms 2024 as warmest year on record at about 1.55°C above pre-industrial level. https://wmo.int/news/media-centre/wmo-confirms-2024-warmest-year-record-about-155degc-above-pre-industrial-level 10 IEA (2024). Investment in clean energy this year is set to be twice the amount going to fossil fuels. https://www.iea.org/news/investment-in-clean-energy-this-year-is-set-to-be-twice-the-amount-going-to-fossil-fuels 11 World Economic Forum (2024). Aluminium industry net-zero tracker. https://reports.weforum.org/docs/WEF_Net_Zero_Industry_Tracker_2024_Aluminium.pdf 12 Shapes (2024). How aluminium is supporting historic growth in solar power. https://www.shapesbyhydro.com/en/manufacturing/how-aluminium-is-supporting-historic-growth-in-solar-power/ 13 IEA (2024). Global EV Outlook 2024. https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars 14 FastMarkets (2024). Aluminium use in China’s NEVs to surge by 2030, but challenges exist. https://www.fastmarkets.com/insights/aluminium-use-in-chinas-nevs-to-surge-by-2030/ 15 UNFCCC (2024). Summary of Global Climate Action at COP 29. https://unfccc.int/sites/default/files/resource/Summary_Global_Climate_Action_at_COP_29.pdf 16 IEA (2024). Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal. https://www.iea.org/news/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closerto-tripling-goal 17 BloombergNEF (2024). Electric Vehicle Sales Headed for Record Year but Growth Slowdown Puts Climate Targets at Risk, According to BloombergNEF Report. https://about.bnef.com/blog/electric-vehicle-sales-headed-for-record-year-but-growth-slowdown-puts-climate-targets-at-risk-according-to-bloombergnef-report/ 18 ING THINK (2025). EU considers Russian aluminium ban in new sanctions push. https://think.ing.com/articles/eu-considers-ban-on-russian-aluminium/ 19 Al Jazeera (2024). Trump promises 25% tariff on Mexico and Canada, extra 10% tariff on China. https://www.aljazeera.com/economy/2024/11/26/trump-promises-25-tariff-on-mexico-and-canada-extra-10-tariff-on-china 20 ING (2024): China ends tax incentives on aluminium exports. https://think.ing.com/articles/china-ends-tax-incentives-on-aluminium-exports/ 21 International Aluminium Journal (2024). ABB identifies shift to secondary aluminium and digitalisation. https://www.aluminium-journal.com/abb-identifies-shift-to-secondary-aluminium-and-digitalisation 22 HCLTech (2024). Beyond the furnace: Revolutionizing aluminum production with IoT and AI. https://www.hcltech.com/blogs/revolutionizing-aluminum-production-with-iot-and-ai The Market We Operate In
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