What MetalX does

MetalX is a privately-held, full-service nonferrous scrap metal recycling company headquartered in Auburn, Indiana, founded in 2012 by brothers Danny and Neal Rifkin as a continuation of the family's multi-generational scrap metal business dating to 1941. The company processes aluminum and other nonferrous scrap through shredding, melting, baling, wire chopping, and advanced separation supported by lab-verified chemistry, operating from three Indiana sites — Auburn (corporate HQ and processing), Wabash (processing facility acquired via the 2022 SRT Aluminum deal), and Fort Wayne (community recycling/retail center open to the public). Combined annual nonferrous scrap processing capacity exceeds 350 million pounds.

MetalX serves three customer segments: industrial manufacturers requiring nonferrous scrap materials and brokerage/trading access; automotive OEMs and Tier suppliers reached through a December 2025 strategic partnership with Commonwealth Rolled Products (a Kentucky-based aluminum flat-rolled products manufacturer); and individual recyclers using the Fort Wayne retail facility. The business model is primarily transaction-fee and spread-based on commodity scrap pricing, supplemented by scrap management consulting and advisory services, with a sales-led GTM motion driven by direct relationships rather than traditional marketing.

The company is an independently-owned LLC with no external institutional investors or parent company, operating exclusively in North America and competing on vertically integrated processing scale, multi-generational industry expertise, trading network access, and custom scrap management solutions rather than on proprietary technology or software differentiation. No AI/ML capability, mobile application, or external API surface is evident in the public footprint.

Name

MetalX

Legal name

MetalX, LLC

Website

https://metalx.net

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

MetalX is a privately-held, full-service nonferrous scrap metal recycler headquartered in Auburn, Indiana, processing aluminum scrap through shredding, melting, separation, and trading for industrial manufacturers, automotive customers via Commonwealth Rolled Products, and individual recyclers across North America.

Ownership category

akta.pro rank

Product category

Metal Recycling Services

NAICS

Secondary Smelting and Alloying of Aluminum (331314), Nonferrous Metal (except Aluminum) Production and Processing (3314)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Non-Ferrous Scrap Processing & Brokerage (Aluminum, Copper, Brass/Bronze, Lead, Zinc, Nickel) (IMAKAMAB)

akta.pro secondary industries

Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts) (IMAKAMAE), Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF), Radiator, Cable & Wire Recycling (Copper/Aluminum Wire Chopping, Insulated Cable) (IMAKAMAJ)

Keywords

• Scrap metal recycling
• Nonferrous scrap processing
• Aluminum shredding melting
• Scrap metal brokerage
• Metal recycling consulting

Headquarters

HQ city

Fort Wayne

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Nonferrous Scrap Processing: Core revenue from processing nonferrous scrap metal including aluminum. Operations include shredding, melting, baling, wire chopping, and advanced separation to produce marketable scrap materials.
2. Brokerage and Trading: Direct link to end markets and consumers through far-reaching trading networks. Serves as intermediary connecting scrap suppliers with end users in the aluminum industry.
3. Retail and Public Recycling: Services individual recyclers through community recycling facilities. Revenue generated from purchasing scrap from individual sellers and processing for resale.
4. Scrap Management Consulting: Expert consultation and custom solutions for scrap metal process optimization. Revenue from advisory services alongside processing operations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

MetalX is a full-service scrap metal recycler that processes nonferrous scrap (primarily aluminum) through shredding, melting, baling, wire chopping, and advanced separation with lab-verified chemistry. Beyond processing, the company provides brokerage and trading services that link scrap supply to end markets, scrap management consulting with custom solutions for industrial customers, and retail/community recycling services for individual scrap sellers at its Fort Wayne facility.

Product overview

MetalX is a single unified metals recycling service provider offering comprehensive nonferrous scrap processing solutions. The company operates a multi-service model combining Nonferrous Processing (aluminum shredding, melting, baling, wire chopping), Advanced Separation (state-of-the-art technology with lab-verified chemistry), Scrap Management (consultation and custom solutions), Brokerage and Trading (market access), and Retail/Public Recycling. These services work together to serve customers across North America seeking to maximize profitability and efficiency in their scrap metal processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Nonferrous Processing Processing services including aluminum shredding and melting, baling, and wire chopping operations for nonferrous scrap materials, serving industrial customers and downstream aluminum manufacturers.
• Advanced Separation State-of-the-art separation technology with lab-verified chemistry that ensures highest quality material processing and analysis for nonferrous scrap.
• Scrap Management Consulting Expert consultation combined with creative custom solutions to maximize efficiency and profitability of industrial scrap metal processes.
• Brokerage and Trading Far-reaching trading networks enabling direct connection between scrap suppliers and end markets/consumers for nonferrous scrap metal materials.
• Retail and Public Recycling Fast, easy, and convenient community recycling services for individual recyclers at the Fort Wayne retail facility, with public drop-off and fair market compensation for scrap materials.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Commonwealth Rolled ProductscoreStrategic or Co-development Partner · 1 December 2025MetalX and Commonwealth Rolled Products formed a strategic partnership in December 2025, marking a significant step in integrated and sustainable aluminum solutions. Commonwealth Rolled Products, based in Lewisport, Kentucky, is a premier producer of aluminum flat-rolled products serving automotive and industrial markets. The partnership combines MetalX's non-ferrous scrap recycling expertise with Commonwealth's manufacturing capabilities, building a stronger, more resilient supply chain. Benefits include operational synergies from enhanced pre-processing and sorting capabilities, optimized freight movements, and expanded closed-loop service offerings. Both companies maintain independence and their own management.
• SRT AluminumcoreStrategic or Co-development Partner · 23 May 2022MetalX acquired SRT Aluminum in Wabash, Indiana in May 2022 as part of its strategic plan to enhance production and service offerings. All SRT employees joined MetalX following the acquisition. The acquisition expanded MetalX's aluminum recycling capabilities and increased combined annual processing capacity to over 350 million pounds of nonferrous scrap.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SA Recycling: Major U.S. nonferrous and ferrous scrap recycler with yards throughout the Southeast, Midwest, and beyond, plus a sizable retail network. Comparable as a similarly privately-held, multi-facility regional scrap processor competing for the same industrial and individual seller customers.
• Radius Recycling (formerly Schnitzer Steel): One of the largest nonferrous and ferrous scrap recyclers in North America, operating metal recycling yards, shredders, and export facilities across the U.S. and globally. Directly comparable to MetalX as a public competitor with multi-state operations and similar end-market exposure (auto, industrial).
• Alter Trading Corporation: Privately-held, employee-owned scrap metal recycler with processing yards and retail locations across the Midwest. Directly comparable to MetalX as a similarly-sized private regional recycler serving overlapping industrial and consumer scrap markets.
• Ferrous Processing & Trading (FPT): Midwest-based, family-owned scrap metal processor serving automotive and industrial accounts with shredding and processing capabilities. Comparable to MetalX in geography, customer mix, and private regional operating model.
• OmniSource Corporation: Large private/non-ferrous and ferrous scrap processor operating across the Midwest and Eastern U.S., serving mills and foundries. Directly comparable regional competitor with overlapping automotive and industrial customer base to MetalX.

Broad incumbents

• EMR Group: Global metal recycling conglomerate with growing U.S. footprint (including Metalico acquisition). Comparable as a major nonferrous scrap competitor, though operating at much greater scale and capital base than MetalX.
• David J. Joseph Company (DJJ): One of the largest U.S. scrap metal recyclers and brokerages, operating as a subsidiary of Nucor. Comparable to MetalX in processing and trading ferrous and nonferrous scrap, but with significantly greater scale, capital backing, and integration with Nucor's steel mills.
• Sims Metal: Global metal recycling company with significant U.S. operations processing ferrous and nonferrous scrap, including aluminum, for industrial end markets. A larger, publicly-traded incumbent that competes with MetalX for industrial scrap supply and downstream aluminum mill customers.
• Commercial Metals Company (CMC): Vertically integrated steel and metals manufacturer with significant scrap recycling operations through CMC Recycling. Comparable as a broad metals incumbent with adjacent recycling/processing capabilities that overlap with MetalX's industrial customer base.

Others

• Novelis (aluminum flat-rolled producer): Major global aluminum rolled products manufacturer serving automotive and beverage can markets. Indirectly comparable as a downstream customer/supply-chain counterparty to MetalX, similar in vertical to Commonwealth Rolled Products, and indicative of the kind of end market MetalX supplies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MetalXLLC

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MetalX