Due to environmental and economic concerns, carbon-free aluminium production has been an ultimate goal for aluminium industries. For the past few decades, a considerable amount of research has been conducted to find an inert anode material that could replace the consumable carbon anodes for aluminium electrolysis. Anodic materials such as metals, ceramics, and cermets have been studied extensively. All these anode materials have their advantages and disadvantages. However, metal alloys have proven effective because of their resistance to high-temperature corrosion and their ability to produce a protective oxide layer. For a successful adaptation of metallic anodes into the aluminium electrolysis cell, an electrolyte with a low operating temperature and high alumina solubility with good electrical conductivity is required. A wettable cathode with a shorter anode-to-cathode distance is preferred to compete with the Hall-Héroult process in terms of energy requirements. This review discusses the research progress on inert anodes, wettable cathodes, and electrolytes.