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New Mexico Governor Michelle Lujan Grisham announced that a capital investment group committed to creating over 950 jobs and investing more than $2 billion in the construction of an aluminum-can sheet rolling mill and recycling center in Valencia County, N.M. Manna Capital Partners, a private investment firm, will lead the project and operate the mill. Ball Corp., a provider of recyclable beverage packaging, will enter into a long-term supply agreement and intends to take a minority equity position in the mill. The group signed a letter of intent to purchase a 1,300-acre parcel in Los Lunas. Construction is scheduled to begin by late 2023, and manufacturing in anticipated to start in 2026. The facility will have the capacity to manufacture up to 1.3 billion pounds of aluminum annually.
Novelis Inc. will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Ala. The facility, which will have an initial capacity of 600 kilotonnes of finished aluminum goods per year, is expected to create up to 1,000 jobs. More than half of the capacity will be used to serve growing demand for aluminum beverage-can sheet in North America. According to Novelis, the facility will be the first fully integrated aluminum mill built in the United States in 40 years. The plant will make significant use of advanced automation and digital technologies, including artificial intelligence (AI), augmented reality and robotics. Site work is currently underway, and the company expects to begin commissioning in mid-2025.
Novelis Inc. broke ground on a $365 million highly advanced recycling center in Guthrie, Ky. With an annual casting capacity of 240 kt of sheet ingot, the facility is expected to reduce the company’s carbon emissions by more than 1 million tons per year. It will add approximately 140 new jobs and will be built adjacent to Novelis’ existing automotive finishing plant in Guthrie. The new recycling center will be equipped with industry-leading processes and capabilities, including advanced shredding and sorting technology, as well as energy-efficient innovations to support the company’s sustainability goal to reduce energy intensity by 10% by 2026 and be net carbon neutral by 2050 or sooner.
Global aluminum company Hydro broke ground on its aluminum recycling plant in Cassopolis, Mich. Hydro will invest approximately $150 million in the facility, which will produce 265 million pounds of aluminum extrusion ingot per year and create approximately 70 new jobs. When completed, the plant will help Hydro reach its goal of doubling recycling of post-consumer aluminum by 2025. Applications for the aluminum produced in Cassopolis will be used for critical automotive applications and building system applications.
Novelis Inc. will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea. Fully funded by Novelis, the Ulsan Recycling Center will have an annual casting capacity of 100 kilotonnes of low-carbon sheet ingot. Novelis expects the recycling center to reduce the company's carbon emissions by more than 420,000 tons each year. Construction of the Ulsan Recycling Center is scheduled to begin in October, and commissioning is expected in early 2024.
Novelis Inc. will invest $365 million to build a highly advanced recycling center for automotive aluminum in North America. With an annual casting capacity of 240 kt of sheet ingot, the facility is expected to reduce the company’s carbon emissions by more than 1 million tons per year. The new recycling facility will be built adjacent to Novelis’ existing automotive finishing plant in Guthrie, Ky. It will be equipped with processes and capabilities such as advanced shredding and sorting technology. Groundbreaking is scheduled for early 2022, and commissioning is expected in 2024. When fully operational, the facility will create approximately 140 new jobs.