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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

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Aleris will invest $350 million to upgrade capabilities at its aluminum rolling mill in Lewisport, Kentucky. The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles.

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Novelis to acquire downstream aluminum producer Aleris for ~$2.6B; meeting automotive demand, expanding into aerospace

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In 2002, the Aleris facility in Duffel, Belgium opened its first continuous annealing line to provide automotive body sheet to the automotive industry. With a new wide cold mill and a continuous annealing line, Aleris is equipped to produce the widest aluminum sheet available in the industry.

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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

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This also prevents over-supply enabling charge point operators to turn a profit, sustaining its industry. The bottom overall US states in the HERE – SBD Automotive EV Index: (42) Wisconsin (43) Indiana (44) Louisiana (45) Kentucky (46) Texas (47) Nebraska (48) Tennessee (49) Idaho (50) Arkansas (51) Alaska.

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