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PROJECT INTELLIGENCE

Red Metals

New facility · North Charleston, SC · Metals, materials & chemicals · Announced 2026-06-04

Investment$70,000,000Announced capital
Jobs45Reported jobs
StatusAnnounced
VerificationConfirmedLast verified 2026-10-11

Sources & verification

  1. www.sccommerce.com ↗
Recorded publisher
South Carolina Department of Commerce
Source quality
primary-government
Verification basis
Inherited verification

Project facts

Decision / announcement date
2026-06-04
Date precision
day
Sector
Metals, materials & chemicals
Facility action
New facility
Facility type
Copper manufacturing plant
Project status
Announced
Project / facility
First copper manufacturing operation

Figures & qualifications

Capital category
Committed
Capital scope
site
Jobs classification
New/Direct
Jobs basis
SC Commerce: 'expected to create at least 45 new jobs' (floor).
Statistical exclusion reason
Expansion band ($50M/100): outside the core $100M/250 statistical series.

Red Metals will invest $70 million in its first copper manufacturing operation in North Charleston, creating at least 45 jobs.

Not yet recorded · 2 fields

Transferred / retained jobs · Construction jobs