Golden Aluminum Secures $22 Million Funding for Nexcast Project

SEATTLE (Scrap Monster): Golden Aluminum has secured $22.3 million US government funding for its next generation mini mill project.

The aluminium sheet coil manufacturer was awarded the funding from the US Department of Energy's Office of Clean Energy Demonstrations (OCED) initiative at the end of November

Golden Aluminum plans to upgrade its Fort Lupton, northern Colorado, USA facility using the Nexcast - Next Generation Aluminum Mini Mill project.

The process aims to reduce natural gas consumption, improve process efficiency, and recycle approximately 15% more mixed-grade aluminium scrap.

The upgrades would allow the facility to produce high-quality aluminium products for electric vehicles and other clean energy technology applications.

This project is also projected to decrease air pollution through use of low-nitrogen oxide (NOx) burners or other burner technologies and demonstrate a reduced carbon intensity of roughly 60% compared to industry average.

Once awarded, Golden Aluminum plans to conduct engineering, construction, community benefits, employee training and upskilling, and commissioning activities, and install and commission the Nexcast caster and conduct other associated upgrades.

The project is anticipated to last for four years.

 Courtesy: www.aluminumtoday.com