Glencore takes stake in South Carolina aluminum recycling project with Alumicore

Glencore has acquired a 45% stake in an aluminum recycling and remelting plant in South Carolina, expanding its position in US scrap-fed supply chains while bringing in a new operating partner.

Pennsylvania-based Alumicore LLC will hold the remaining 55% stake and operate the facility, Glencore said April 10. The company said it had previously provided funding to the plant in exchange for marketing rights.

Nicholas Bell

Nicholas brings over half a decade of experience covering metals markets, pricing trends, and supply chain dynamics. Prior to joining AMU, he reported on aluminum, high-temperature scrap, and ferro-alloy markets at Argus Media, with additional coverage of minor metals and rare earths. His work has built deep expertise in North American metals pricing and trade flows. A native of Houston, Nicholas holds a bachelor’s degree in Media Production and an MBA with a concentration in Finance, both from the University of Houston.