{"id":50141,"date":"2026-04-10T09:22:07","date_gmt":"2026-04-10T13:22:07","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/mining-giant-glencore-purchases-major-stake-in-south-carolina-aluminum-plant\/"},"modified":"2026-04-10T09:22:07","modified_gmt":"2026-04-10T13:22:07","slug":"mining-giant-glencore-purchases-major-stake-in-south-carolina-aluminum-plant","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/mining-giant-glencore-purchases-major-stake-in-south-carolina-aluminum-plant\/","title":{"rendered":"Mining Giant Glencore Purchases Major Stake in South Carolina Aluminum Plant"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

London-based mining giant Glencore announced Friday its purchase of a 45% ownership interest in an aluminum recycling and remelting facility located near Charleston, South Carolina, bolstering the company’s presence in America’s aluminum supply network.<\/p>

The acquisition comes as ongoing conflicts in the Middle East have disrupted supply chains and driven up prices for aluminum, a crucial metal used in transportation, construction, and packaging industries.<\/p>

“This partnership reinforces Glencore’s active participation in supporting a resilient and sustainable domestic aluminium supply chain in the United States,” the company stated. Glencore previously held a 30% ownership stake in Century Aluminum, a U.S.-based aluminum producer.<\/p>

Prior to this purchase, Glencore had provided financial backing to the Charleston-area facility in return for marketing rights to its products.<\/p>

Alumicore, an aluminum melting and recycling company, will maintain the remaining 55% ownership stake and continue operating the South Carolina facility.<\/p>

The company currently operates a facility in Pennsylvania and is developing another plant in Pittsburgh.<\/p>

When all three locations become fully operational, they are projected to process more than 120,000 tonnes of aluminum annually through recycling operations.<\/p>","protected":false},"excerpt":{"rendered":"

London-based mining company Glencore has purchased a 45% ownership stake in an aluminum recycling facility located near Charleston, South Carolina. The acquisition strengthens the company’s foothold in America’s aluminum supply chain during a time of rising metal prices caused by Middle East conflicts.<\/p>\n","protected":false},"author":4,"featured_media":50140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-50141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775827326930.jpg?fit=450%2C121&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-d2J","jetpack-related-posts":[{"id":26235,"url":"https:\/\/tvdelmarva.com\/wp\/mining-giant-strikes-115m-cobalt-deal-as-us-seeks-china-independence\/","url_meta":{"origin":50141,"position":0},"title":"Mining Giant Strikes $115M Cobalt Deal as US Seeks China Independence","author":"Admin","date":"February 24, 2026","format":false,"excerpt":"Swiss mining company Glencore has secured a major cobalt purchase worth nearly $115 million from industry veteran Rami Weisfisch. 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