Red Metals Secures Funding for New Copper Recycling Facility

Published: Jun 15, 2026 09:18

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Red Metals has secured $10 million in seed funding to support construction of a new copper recycling facility in Charleston, South Carolina. The project is expected to cost around $70 million and enter operation later this year. The company aims to streamline copper refining and manufacturing while reducing energy use and processing time.

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