Arizona copper cathode ramp rises 36% in Q3 but 2026 output guidance falls; Alabama recycling plant starts cold-mill commissioning

Trekor Metals reported on October 8, 2026 that its Florence Copper operation in Arizona produced 7.0 million pounds of copper cathode in Q3, up 36% from Q2, but reduced its 2026 production forecast to 25-28 million pounds because wellfield expansion is roughly three months behind plan. Separately, Novelis announced on October 7 that the cold mill at its $5 billion Bay Minette, Alabama, integrated aluminum recycling and rolling project made its first coil. These developments concern U.S. primary copper supply and future aluminum recycling capacity, not confirmed copper-scrap price or wire-granulator changes.

Research completed: 2026-10-09T01:07:54.595Z.
Received by Insights: 2026-10-09T01:30:44.106Z.
Source publication date: 2026-10-08.

Sources:
2026-10-08 — https://www.trekormetals.com/investors/news/trekor-announces-41-million-pounds-of-copper-production-from-gibraltar-and-florence-copper-in-the-third-quarter/
2026-08-05 — https://www.globenewswire.com/news-release/2026/08/05/3339859/0/en/trekor-announces-125-million-of-adjusted-ebitda-in-second-quarter.html
2026-10-07 — https://investors.novelis.com/news-events/press-releases/detail/1427/novelis-produces-first-coil-at-greenfield-aluminum-rolling-and-recycling-plant-in-alabama

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