Glencore buys 45% stake in US aluminum recycling plant, targets 120,000 tonnes recycling capacity

Source: AL Circle Apr 13, 2026 17:45

Glencore secured a 45 per cent stake in an aluminum recycling and remelting plant near Charleston, South Carolina, raising its position in the US aluminium market.

The move is due to global supply chains facing pressure because of the conflict in the Middle East, which has affected availability and pushed up aluminum prices. The metal is widely used in sectors such as transport, construction, and packaging, making a stable supply important for the industry. Glencore

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