Novelis has commenced operations at its new aluminium recycling centre in Ulsan, South Korea, marking a key milestone in its efforts to expand circular production capabilities in Asia. The facility is designed to process up to 100,000 tons of scrap annually, including used beverage cans, automotive components, and industrial aluminium, to produce low-carbon sheet ingot....
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Novelis, a global aluminum rolling and recycling company headquartered in Atlanta, Georgia, has announced the closure of two U.S. manufacturing facilities as part of its restructuring efforts. The Richmond, Virginia facility will cease operations on May 30, 2025, resulting in the loss of 72 jobs, while the Fairmont, West Virginia plant will close permanently on...
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Novelis, an international aluminum rolling company, informed its Fairmont, West Virginia, employees on Monday, March 31, 2025, that the local plant will permanently shut down on June 30, 2025, resulting in the loss of approximately 189 jobs. This marks the second major job loss for the region within a year. Fairmont Deputy Mayor Josh Rice,...
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Novelis announced on Thursday that it has successfully produced the world’s first aluminium coil made entirely from 100% recycled, end-of-life automotive scrap. The development marks a major step forward in sustainability and circular manufacturing for the European automotive sector. The new aluminium material meets the rigorous industry standards for surface quality and formability, making it...
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Novelis has successfully conducted tests using hydrogen fuel to power a recycling furnace at its Latchford plant in the UK. The trials, carried out as part of a UK government decarbonization programme in collaboration with Progressive Energy, involved installing new burners, regenerators, and furnace lining material. According to Novelis, replacing natural gas with hydrogen in...
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Novelis, a global leader in sustainable aluminum solutions, reported its third quarter fiscal year 2025 results, reflecting financial pressures from rising scrap aluminum prices despite steady demand for its products. Net income attributable to the common shareholder decreased 9% year-over-year to $110 million, while net income excluding special items fell 32% to $119 million. Adjusted...
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