Braidy Atlas plans to cooperate with the BMW Group on sustainability and technical qualification for the future supply of 5000 and 6000 series automotive aluminum sheet. The milestone plan includes a comprehensive closed-loop recycling strategy that would leverage Braidy Atlas’ logistically optimal location in Ashland, Kentucky, which will be in close proximity to BMW´s car production […]
Braidy Industries, Inc. and En+ Group plc, signed an LOI for a $200 million investment from UC Rusal for Braidy’s planned Atlas aluminum rolling mill in Ashland, Kentucky. In exchange for its investment, Rusal will obtain a 40% share in the project and will serve as Braidy’s exclusive supplier of low-carbon aluminum. This partnership enables Braidy […]
Braidy Industries broke ground on its $1.3 billion greenfield aluminum rolling complex in Ashland, Kentucky, which was first announced in early 2017. At the ceremony, Craig T. Bouchard, CEO of Braidy Industries, was joined by Gov. Matt Bevin and other officials in celebrating the official launch of the project. Bouchard stated that the design of the […]
Yesterday, President Trump signed proclamations to formally adjust the tariffs on aluminum (10%), stating national security as a major reason for their implementation under Section 232. These tariffs will go into effect 15 days from this signing. Canada and Mexico are temporarily exempt from the tariffs, depending on the outcome of NAFTA negotiations. Other countries will also have an […]
Braidy Industries, Inc., a new company formed by chairman and CEO Craig T. Bouchard, plans to construct a $1.3 billion greenfield aluminum rolling mill in Greenup County, Kentucky, to produce sheet and plate for the automotive and aerospace industries. The project is being constructed in partnership with the State of Kentucky and the Ashland Alliance. […]
