Glencore Buys Stake in South Carolina Aluminium Plant

Glencore has acquired a 45% stake in an aluminium recycling facility near Charleston. Alumicore will retain the remaining 55% and continue to operate the plant.

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Global commodities giant GLENCORE PLC has finalized an agreement to acquire a 45% stake in an aluminum recycling and remelting plant near Charleston, South Carolina. The investment is part of a broader effort to solidify the company's role in the United States aluminum supply chain and expand its presence in the recycling sector.

The corporate logo of Glencore is seen at its headquarters in Baar, Switzerland, in a file photo from July 2017. REUTERS/Arnd Wiegmann
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