May 12, 2025

New York, NY, and Saranac, MI – Traxys, a global leader in the physical trading of metals and natural resources, Pure Aluminum, a fast-growing aluminum processor based outside Grand Rapids Michigan and Consortium Metals, a sales and marketing specialist in the secondary aluminum industry, today announced a strategic partnership to recycle aluminum scrap and manufacture value-added aluminum products. The collaboration is designed to supply critical materials to sectors including the steel, aluminum die casting, and primary aluminum industries, with a focus on producing Secondary Aluminum Spec Alloys, Recycled Secondary Ingot (RSI), Wrought Alloys, and Aluminum Deoxidizers.

Under the terms of the partnership, Traxys will manage global sourcing and finance, marketing, logistics, and customer relationships, while Pure Aluminum will operate and expand its state-of-the-art production facility in Saranac, Michigan. The plant is currently undergoing a multi-phase capacity expansion, with installations including rotary and reverberatory furnaces. At full capacity, the facility is expected to process over 30 million pounds of aluminum scrap per month.

“This partnership supports our mission to serve the circular economy and deliver critical metals to our global customer base,” said Mark Kristoff, CEO of Traxys. “We’re proud to combine Traxys’ market reach and financing capabilities with Pure Aluminum’s operational strength and decades of experience in the secondary markets, to scale up a domestic and sustainable aluminum production.”

“Pure Aluminum was conceived by my desire to build a state-of-the-art secondary aluminum plant that incorporates the latest ultra-efficient furnaces and automation to enhance efficiencies and safety” according to Mark Clark, CEO/Owner of Pure Aluminum and Franklin Metals. “It was also really important to me that our Greenfield plant’s sustainability platform is an industry leader ensuring the highest environmental standards and carbon footprint reduction initiatives, so our customers do not have to worry about legacy issues.”

The venture will serve growing demand for recycled and specialty aluminum products, driven by increasing regulatory pressure for low-carbon materials and rising consumption across North America’s manufacturing base. All products will be customized to meet tight chemical and dimensional specifications and delivered through a streamlined, customer-focused supply chain.

Traxys and Pure Aluminum are aligned in their commitment to Environmental, Social, and Governance (ESG) principles, and the partnership is structured to ensure full transparency across sourcing, production, and delivery.

About Traxys

Traxys is a physical commodity trader and merchant in the metals and natural resources sectors. Its logistics, marketing, distribution, supply chain management, and trading activities are conducted by over 450 employees in more than 20 offices worldwide, with annual revenues exceeding USD 10 billion. Headquartered in Luxembourg and with a US base in New York, Traxys is engaged in the global sourcing, marketing, and distribution of non-ferrous metals, ferro-alloys, minerals, industrial raw materials, and energy. Traxys is committed to responsible sourcing and the highest standards of ESG performance. For more information, visit: www.traxys.com.

About Pure Aluminum

Pure Aluminum is a Michigan-based aluminum scrap processor focused on producing world-class aluminum products. Utilizing the latest technology and an experienced manufacturing team, Pure Aluminum is positioned to rapidly expand its footprint in North America.

About Consortium Metals

Headed by Eric Henkelman, an industry leader with 30+ years’ experience in the marketing and sale of value-added aluminum products, Consortium has supported the commercial initiatives for Fortune 500 companies and most recently Franklin Metals, the sister plant to Pure Aluminum.

Media Contacts
 

For Traxys:

Joel Kahn - Business Development

[email protected]

For Pure Aluminum:

Eric Henkelman - Business Development

[email protected]