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Westwin Elements, America's first major nickel refinery, has entered into two seven-year Sales & Purchase Agreements with Traxys. The first is valued at approximately $1.4 billion for 10,000 metric tonnes per annum of high-purity Class 1 Nickel Briquettes, and the second covers up to 17,000 tpa of contained nickel in Mixed Hydroxide Precipitate.
Traxys, Pure Aluminum and Consortium Metals announced a strategic partnership to recycle aluminum scrap and manufacture value-added aluminum products at Pure Aluminum's facility in Saranac, Michigan. The plant is undergoing a multi-phase capacity expansion to process over 30 million pounds of aluminum scrap per month.