Alvance Aluminium will invest in a new recycling and casting facility that will double billet production to 80,000 tpy at its Fort William plant in Scotland.
With current smelting processes already powered by hydro-electricity, the US-Dollar 94 m (EUR 105 m) investment in a new recycling and casting facility will further strengthen Alvance’s development to a ‘green’ aluminium company. GFG Alliance, the parent company of Alvance, strives for carbon neutrality by 2030. Alvance is also proposing significant upgrades to the nearby port of Corpach to improve efficiency of material flow.
Proposals will be submitted to the Highlands Council for approval and formally replace the previously announced plan for an alloy wheels factory due to a significant decline in the UK automotive sector. Once approved, the new business plan and associated developments will secure the long-term future of the Fort William aluminium smelter, safeguarding 200 local jobs and creating 70 new high quality roles. Alvance aims to commence the new development works in 2021 and target full operation by 2024.
Investment in recycling plant secures long-term future of Fort William
Referring to the decline of the automotive industry in the UK, Brian King, chairman of Alvance British Aluminium, said: “Fortunately, the construction industry is buoyant and is using ever more aluminium billet giving us the chance to produce a quality product making use of primary metal from the smelter and recycled scrap.”
In a new venture for the group, GFG Alliance is also tabling plans for a new water canning facility, located next to the Fort William plant, to package Scottish Highlands water into aluminium cans to provide an alternative to plastic bottles for sale to the UK and international market.