SEATTLE (Scrap Monster): Novelis, Inc. announced its decision to invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA. The state-of-the-art facility will have an estimated initial capacity of around 600 kilotonnes of finished aluminum goods per year. The site work for the plant is currently under progress with commissioning expected by mid-2025.
RELATED NEWS:
Novelis Breaks Ground on $365M Recycling Center in Kentucky
Novelis Announced Construction of New Continuous Annealing Line
The decision to build a fully integrated, greenfield recycling and rolling plant is mainly due to the strong demand for flat-rolled, low-carbon aluminum from can makers and beverage companies in North America. More than 50% of the capacity of the plant will be used to serve growing demand for aluminum beverage can sheet in North America.
The proposed facility would be the first fully integrated aluminum mill built in the U.S. in nearly four decades. It will create up to 1,000 high-paying, advanced careers in modern manufacturing. The plant will employ advanced automation and digital technologies, including artificial intelligence, augmented reality and robotics. Moreover, it will be primarily powered by renewable energy.
Mr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group said that the investment marks the beginning of another transformational growth phase for Novelis.
Copper Scrap View All | |
Alternator | 0.40 (0) |
#1 Copper Bare Bright | 4.17 (-0.03) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.81 (0) |
6061 Extrusions | 0.71 (0) |
Steel Scrap View All | |
#1 Bundle | 360.00 (0) |
#1 Busheling | 380.00 (0) |
Electronics Scrap View All |