As recently announced, US subsidiary MHM Metals Corporation has negotiated to acquire a 115-acre landholding in Russellville, Kentucky. The site contains a number of existing buildings that should decrease the time and expense of plant construction. The site is zoned correctly for its intended purpose.
MHM will operate the site, and the entire US aluminium business under the name Alreco, as occurs in Australia. MHM has a pending US trademark for the Alreco name and the Alreco logo.
After assessing over 30 sites throughout the middle Tennessee and southern Kentucky region, the Russellville site is the preferred location for plant construction. Factors that contributed to this include:
1. Identification of in excess of 350,000 tonnes per annum of salt slag and black dross within an economic radius of the plant site
2. Large acreage providing Alreco the opportunity to grow and assimilate planned future technology developments
3. Government support and incentives, not only financial but also the pro business environment in Logan County
4. A highly skilled local workforce and availability of workers
5. Availability of rail, with a high-quality rail operator
6. Availability of ample electricity supplies to the property for initial and future requirements
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