Metalex - an industrial aluminium recycling plant owned by Brazilian producer Companhia Brasileira de Alum?-nio (CBA) - will invest 50 million Reais ($9.3 million) to increase scrap treatment and add to its extrusion billet production capacity, CBA said.
The expansion project for its plant in Ara??ariguama, a city in southeast Brazil, is divided in to two phases.