Add to that the goal of lowest-carbon environmental impact, and there were no suppliers up to the task until today. This morning, Braidy Industries announced a $200 Million strategic investment by global aluminum leader Rusal which dramatically changes the pace and scale of what’s to come. Barker says, “I am amazed by the sheer scale of what Braidy Industries is building. Bevin worked tirelessly to bring Braidy Industries to Kentucky and won unheard of and unanimous bi-partisan support for the State to make a strategic equity investment in Braidy Industries. With today’s strategic investment of $200M from Rusal, other major investors in the wings, and Braidy Industries’ plan to go public by the end of 2019, the future of Ashland and the face of global aluminum is about to change forever—for the good.

Source: Forbes April 15, 2019 01:51 UTC