Golden Aluminum selected by Department of Energy (DOE) to begin negotiations to receive up to $22.3 million in investments.
The Nexcast - Next Generation Aluminum Mini Mill project, led by Golden Aluminum, plans to upgrade Golden Aluminum’s Fort Lupton, Colorado facility using the Nexcast process to reduce natural gas consumption, improve process efficiency, and recycle 15% more mixed-grade aluminium scrap. The upgrades would allow the facility to produce high-quality aluminium products for electric vehicle and other clean energy technology applications. This project is also projected to decrease air pollution through use of low-nitrogen oxide (NOx) burners or other burner technologies and demonstrate a reduced carbon intensity of roughly 60% compared to industry average.
The project aims to support over 200 employees currently engaged in operations, engineering, maintenance, finance, and human resources. Golden Aluminum also plans to host training and education programs for current employees and new hires, through collaboration with Front Range Community College, Weld County Workforce Development, and Fort Lupton High School.