# Altek Metal to build recycled aluminum casting plant in Çerkezköy

Altek Metal is building a 50,000-ton-per-year recycled aluminum casting plant in Çerkezköy, Turkey, with an 18 million euro investment from EBRD and Garanti BBVA. Production is expected to start in January 2023.

- Type: New facility
- Announced: 2022-02-28
- Where: Çerkezköy, Türkiye
- Value: $20.0M (18.0M EUR)
- Starts operating: Jan 2023
- Status: under construction
- Capacity: 50,000 tons per year
- Products: recycled aluminum slabs, billets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Altek Metal](https://endata.com/companies/61321.md)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)
- [Garanti BBVA](https://endata.com/companies/61322.md) (investor)

## Sources

- [altekmetal.com](https://www.altekmetal.com/altek-metal-ebrd-ve-garanti-bbva-finansmani-ile-aluminyum-dokumhane-tesisi-kuruyor/), 2022-02-28: "Havacılık kalite (AMS) standardına malzeme üretecek bir tesis sahibi olmanın gururunu yaşıyoruz."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.