Scrap Metal Company Breaks Ground on New Aluminum Recovery Plant

SEATTLE (Scrap Monster): Levitated Metals announced plans to construct a new aluminium recovery plant in Texas. The heavy media floatation plant will be located in New Caney, Texas.

The groundbreaking ceremony to mark the start of construction was held last Wednesday. It plans to hire for Marketing and Operations positions in Q1 2020. The plant is expected to begin production by September this year.

Levitated Metals estimates an investment of approximately $10 million in the new plant, which will purchase non-ferrous zorba from third party automobile shredders in the South. It will separate aluminium from other metals using state-of-the-art flotation technique. Upon full operations, the plant will produce 10 million pounds per month.

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Ronak Shah, President, Levitated Metals noted that zorba wil be the primary feedstock of the plant. The company intends to buy zorba fines and zurik within 500-mile radius of the new plant. The recovered metal packages of twitch and zebra will be sold to smelters and processors in the U.S., Mexico and other overseas countries, Shah said. As of now, the company has not reached supply agreements with parties, but is in the early stages of establishing them, he added.

Frank McCrady, President, East Montgomery County Improvement District (EMCID), who was present at the groundbreaking ceremony, welcomed Levitated Metals to the County.