Braidy mill progress

Braidy Industries reported at the end of 2018 that the company has spent US$15.7 million on the construction of its Braidy Atlas aluminium rolling mill in Greenup, Kentucky, USA. The company is working towards meeting its anticipated target of bringing the mill to full commercial operation in 2021. According to sources, Braidy is banking on its proprietary Veloxint alloy, designed by Massachusetts Institute of Technology scientists for this project. These ultra-high strength metals alloys are suitable for extreme temperature uses in the automotive and aerospace industries and help in weight and cost savings. Braidy acquired Veloxint in the first quarter…