Missouri Closure Further Dims U.S. Primary Aluminum Smelting

January 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. primary aluminum-smelter sector was dealt a serious blow last week, when independent producer Magnitude 7 Metals LLC, which represents about 20% of domestic primary aluminum production, abruptly announced it would close its doors before the end of the month. The plant in Marston, Missouri, is one of the last of its kind in the U.S.

Of the $186.5 million in active and planned projects at domestic aluminum-production plants tracked by Industrial Info, about $137 million is attributed to closure or post-closure reclamation projects. Most others are related to maintenance or standard inspection projects.

Other companies featured: Century Aluminum Incorporated, Alcoa Corporation's (NYSE:AA), American Industrial Partners and Kaiser Aluminum Corporation (NASDAQ:KALU).