Novelis to build $50M recycling center in Ulsan, South Korea

Novelis will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea, with an annual casting capacity of 100 kilotonnes of low-carbon sheet ingot.

“Novelis today announced that it will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea.”investors.novelis.com

• 2 sources
• investors.novelis.comNovelis to Build New $50 Million Recycling and Casting Center in South Korea to Expand Low-Carbon Aluminum Production :: Novelis Inc.Feb 21, 2022
• lightmetalage.comNovelis to Build New Recycling and Casting Center in South Korea - Light Metal Age MagazineAndrea SvendsenFeb 23, 2022

Summarized from public sources; check the original articles before acting on it.