Latest Aluminum mining and refining News

Kentucky recovers $15 million investment in failed project

Sep. 29, 2022 15:06 PM EDT

LOUISVILLE, Ky. (AP) — Kentucky has recovered a $15 million state investment in a failed aluminum mill project that sat undeveloped for five years. Gov. Andy Beshear said Thursday the state is also in the process of having the 200-plus acre site returned in the form of a donation...

GM plans $491M Indiana plant upgrade to help support EVs

Sep. 15, 2022 12:49 PM EDT

DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles. The automaker said it would install two new press...

Electric vehicle battery-related plant announced in Kentucky

Aug. 08, 2022 04:11 AM EDT

FRANKFORT, Ky. (AP) — Lotte Aluminium Materials USA plans an aluminum foil manufacturing operation to serve the electric vehicle battery industry in Kentucky and is expected to create 122 full-time jobs. The company is investing $238.7 million in the plant in Hardin County, Gov....

Gov seeks to salvage aluminum mill deal promised to Kentucky

Jul. 21, 2022 17:17 PM EDT

FRANKFORT, Ky. (AP) — Gov. Andy Beshear made a pitch Thursday to a steel company that took over plans to build an aluminum plant once promised to Kentucky, hoping to salvage a deal struck by his predecessor. Beshear said his economic development team has reached out to Steel...

Steelmaker moves ahead on effort to build plant in Southeast

Jul. 20, 2022 18:39 PM EDT

A steel producer has announced plans to build and operate an aluminum mill in the southeastern U.S., after reaching a deal with the company that so far has failed to deliver on its promise to put the plant in Kentucky — even with financial backing from the state. The announcement...