CRU aluminum news roundup

Ground broken on new aluminum recycling plant in US

Tri-Arrows Aluminum and Tennessee Aluminum Processors (TAP) have formally begun construction of a recycling plant at Russellville, Ky. The unit will process dross and scrap material from Tri-Arrows’ casting center at nearby Logan Aluminum. It will produce molten aluminum and sows that will be returned to Logan Aluminum and possibly other customers. The recycling center, to be run as a joint venture (JV) by the companies, will cost $40 million to build. Tri-Arrows Aluminum, based in Louisville, Ky., supplies rolled aluminum sheet to the North American market, focusing on the beverage can sheet and automotive sheet markets. The company is jointly owned by aluminum producer UACJ and trading house Sumitomo Corp., both of Japan. TAP is a toll converter of aluminum scrap and dross into ingots and provides secondary aluminum recycling services to customers in the transportation, packaging, construction and aerospace sectors.