Metalex, a metal recycling company owned by Brazilian aluminum producer Companhia Brasileira de Alumínio (CBA), had a plan to invest 50 million reais for its expansion project in Aracariguama, southeast Brazil, in order to improve its waste treatment and raise the production capacity of extrusion billet.
The project will be constructed in two phases. In the first phase, Metalex will install a side well furnace to increase the production capacity of billet to 90,000 tons/year from the current 75,000 tons/year. In the second phase, a new recycling production line will be added to raise the scrap utilization from 60% to 80%.
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