Elemental Holding, the global urban mining group, targets purchasing 49.9% of Alumetal S.A. The acquisition would be part and parcel of Elemental’s plans to transform from a metals recycler into an integrated metals producer.
“Our long-term goal is to vertically integrate the entire value chain in urban mining, which includes the collection, pre-processing, smelting, and refining of metals. Alumetal’s aluminum-related activity aligns perfectly with this strategy” – emphasized Paweł Jarski, CEO of Elemental Holding.