What SRT Aluminum does

MetalX, LLC, operating under the website srtaluminum.com, is a privately-held, family-owned non-ferrous metals recycler headquartered in Auburn, Indiana. Founded in 2012 by Danny and Neal Rifkin to revive a multi-generational family scrap business dating to 1941, the company processes aluminum and other non-ferrous scrap for industrial manufacturers, aluminum producers, and individual recyclers across North America. Operations span processing facilities in Auburn and Wabash, a community recycling center in Fort Wayne, and a growing network of brokerage and trading relationships connecting scrap supply to end markets.

The company's service portfolio is organized into five interconnected offerings: Nonferrous Processing (aluminum shredding, melting, baling, and wire chopping), Advanced Separation (lab-verified chemistry for material separation), Scrap Management (consulting and custom solutions for scrap process efficiency), Brokerage and Trading (market access to end consumers), and Retail/Public Recycling (community drop-off facilities). Revenue is generated primarily through transaction fees on processing services and trading margins on scrap resale, with pricing conducted on a quote-based B2B model rather than published rates. The technology stack emphasizes capital-intensive physical processing equipment and lab-verified chemistry rather than software-driven automation.

The go-to-market model combines direct B2B sales to industrial customers at processing facilities, a retail/community channel for individual recyclers, and strategic partnerships for downstream market access. The December 2025 strategic partnership with Commonwealth Rolled Products, an aluminum flat-rolled products manufacturer serving automotive and industrial markets, represents the company's flagship commercial relationship and is positioned to anchor a closed-loop aluminum supply chain. Leadership includes Neal Rifkin (President), Doug Forbes (COO), and Brian Rosenblatt (CCO), reflecting a deliberate expansion of the executive bench beyond the founding Rifkin family.

Name

SRT Aluminum

Legal name

MetalX, LLC

Website

https://srtaluminum.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

MetalX, LLC is a family-owned non-ferrous metals recycler headquartered in Auburn, Indiana, processing aluminum scrap via shredding, melting, separation, and brokerage for industrial manufacturers and aluminum producers across North America.

Ownership category

akta.pro rank

Product category

Metal Recycling Services

NAICS

Secondary Smelting and Alloying of Aluminum (331314)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Non-Ferrous Scrap Processing & Recycling (Aluminum, Copper, Brass, Lead, Zinc) (EUAIAJAB)

akta.pro secondary industries

Metal Melting & Secondary Smelting/Refining (Recycled Feedstock Producers) (EUAIAJAJ), Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF), Metal Scrap Trading & Brokerage (Ferrous & Non-Ferrous) (IMAKAJAI)

Keywords

• Nonferrous metal recycling
• Aluminum scrap processing
• Scrap metal brokerage
• Scrap management consulting
• Recycled aluminum alloys

Headquarters

HQ city

Wabash

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Processing Services: State-of-the-art processing services for nonferrous metals including aluminum shredding, melting, baling, and wire chopping. Revenue generated through processing fees for customers.
2. Brokerage and Trading: Far-reaching networks serve as a direct link to end markets and consumers. Revenue generated through trading margins and brokerage activities.
3. Retail and Public Recycling: Fast, easy, and convenient recycling services for individual recyclers. Revenue generated through material purchase and resale.
4. Scrap Management Consulting: Expert consultation with creative custom solutions to keep scrap metal processes efficient and profitable.

Distribution channels3 records

Marketing channels3 records

Core offering

MetalX is a nonferrous metals recycling company that processes aluminum and other non-ferrous scrap through shredding, melting, baling, wire chopping, and advanced lab-verified separation. Beyond physical processing, the company provides scrap management consulting, brokerage and trading services connecting scrap supply to end markets, and community retail recycling drop-off facilities for individual recyclers. The unified service portfolio spans material acquisition, processing, and final market delivery across North America.

Product overview

MetalX is a scrap metal recycling company offering integrated services across the nonferrous metal recycling value chain. The company operates as a unified service portfolio organized into five interconnected offerings: Nonferrous Processing (aluminum shredding, melting, baling, and 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 end-market connections), and Retail/Public Recycling (community drop-off facilities). These services work together to provide comprehensive metal recycling solutions from material acquisition through processing to final market delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Nonferrous Processing
• Advanced Separation
• Scrap Management Consultation and creative custom solutions designed to maximize efficiency and profitability of customer scrap metal processes, delivered to industrial clients.
• Brokerage and Trading
• Retail and Public Recycling

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Commonwealth Rolled ProductsflagshipStrategic or Co-development Partner · 1 December 2025MetalX, an independent metals recycling business, and Commonwealth Rolled Products, a leader in aluminum rolled products serving the automotive and industrial markets, formed a strategic partnership in December 2025. This partnership marks a significant step in advancing integrated and sustainable aluminum solutions, combining Commonwealth's expertise in producing high-quality aluminum flat-rolled products with MetalX's reputation as a leading non-ferrous scrap recycler. The partnership provides significant operational synergies from enhancing pre-processing and sorting capabilities and optimizing freight movements.

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Gerdau (recycling operations): Integrated steelmaker with substantial North American scrap collection and processing operations. Indirectly comparable as a large-scale metals recycler sourcing from the same Midwest scrap basin.
• OmniSource (Steel Dynamics): Large North American scrap processor and metals recycler, now a subsidiary of Steel Dynamics. Competes with MetalX across non-ferrous scrap sourcing and processing for industrial customers.
• Sims Metal: Global metal recycling operator with extensive North American footprint in ferrous and non-ferrous scrap processing. Comparable business model of buying, processing, and selling scrap metal to industrial end-markets.
• David J. Joseph Company (DJJ): One of the largest scrap brokers and processors in North America (a Nucor subsidiary), trading ferrous and non-ferrous scrap. Comparable brokerage and trading operations feeding industrial end-markets.

Direct peers

• Radius Recycling (formerly Schnitzer Steel Industries): One of North America's largest metal recyclers operating ferrous and non-ferrous scrap processing facilities with national reach. Direct competitor to MetalX in non-ferrous scrap processing, with significantly larger scale and end-market relationships.
• Matalco: North American producer of recycled aluminum billet and slab from scrap, serving extrusion and forging customers. Comparable secondary-aluminum-from-scrap business model serving industrial end markets.
• Spectro Alloys: Secondary aluminum smelter and recycler producing aluminum alloys from scrap, primarily serving Midwest foundry and die-casting markets. Highly comparable secondary-aluminum recycling model with similar customer base.
• Wabash Alloys (Conmet): Secondary aluminum smelter producing recycled aluminum alloys, primarily for automotive die-cast components. Closely aligned with MetalX's customer base in automotive and industrial aluminum markets.
• Real Industry (Real Alloy): Global leader in third-party aluminum alloy recycling and specification alloy production for automotive, aerospace, and packaging markets. Directly comparable secondary aluminum processing and brokerage business.
• Element 13 (formerly known as Metalico): Non-ferrous metals recycler and processor with operations across the U.S., focusing on aluminum, copper, and other non-ferrous scrap. Comparable mid-sized recycling and brokerage platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about SRT Aluminum