Glencore acquires a 45% stake in a South Carolina aluminum recycling and remelting plant

Glonghui, April 10｜Glencore announced the acquisition of a 45% stake in a recycling and remelting plant near Charleston, South Carolina. Glencore had previously provided funding for the facility in exchange for marketing rights. The remaining 55% stake will be held by Alumicore, which will also operate the plant. This cooperation further strengthens Glencore’s position as an active supporter of a resilient and sustainable domestic aluminum supply chain in the United States. By holding a 30% stake in Century Aluminum, the largest primary aluminum producer in the U.S., Glencore has already become a significant investor in the industry.