Quest Alloys & Metals Releases Position Paper Supporting 2024 Aerospace Supply Chain Resiliency Task Force Report

Cleveland, Texas — November 18, 2024 — Quest Alloys & Metals, a leading metal scrap buyer and recycling processor, has released an official position paper endorsing the 2024 Aerospace Supply Chain Resiliency Task Force report to Congress. The position paper underscores the importance of metal recycling as a key strategy to bolster the resilience and sustainability of the aerospace supply chain.

In alignment with the Task Force’s findings, Quest Alloys & Metals emphasizes the role of metal recycling in reducing reliance on imported critical materials, promoting environmental sustainability, and ensuring a stable supply of essential metals for the aerospace industry.

"We support the Task Force's call for immediate action to mitigate risks associated with critical material shortages and geopolitical dependencies," said Mr. Cole Dominic Morace, CEO of Quest Alloys & Metals. "Our position paper highlights how advanced recycling initiatives can bridge the gap in material supply, reduce environmental impact, and provide a sustainable, domestic source of high-quality metals for aerospace manufacturers."

Key Points of the Position Paper:

• Reducing Dependence on Imports: Recycling metals from decommissioned equipment and manufacturing scrap can diminish the U.S. aerospace industry’s reliance on foreign sources of titanium, cobalt, and rare earth elements.

• Sustainability and Cost Efficiency: Recycled metals require significantly less energy and resources to extract and process than virgin metals, supporting both environmental goals and cost reduction.

• Addressing Material Shortages: Recycling mitigates the risks associated with potential shortages and supply disruptions by creating a robust secondary supply stream.

• Policy Recommendations: The position paper calls for legislative measures such as tax incentives and grants to boost recycling efforts and streamline certification processes for recycled materials.

Quest Alloys & Metals' Commitment to the Aerospace Sector: Quest Alloys & Metals is dedicated to advancing the infrastructure and technology needed to enhance metal recycling. The company is committed to collaborating with aerospace manufacturers and government agencies to create a resilient network capable of meeting the sector’s evolving demands.

"We believe that metal recycling must be a priority in the larger strategy to secure the aerospace supply chain," added Mr. Morace. "With proper support and collaboration, the U.S. can strengthen its supply chain and contribute to a sustainable, future-ready industry."

For further details, or to access Quest Alloys & Metals' position paper, please contact:

Cole Morace, Quest Alloys & Metals
[email protected]
https://www.questmetals.com/
https://www.questmetals.com/blog/metal-recycling-in-the-2024-ascr-task-force-report

About Quest Alloys & Metals:
Quest Alloys & Metals is a premier metal recycling company committed to supporting industrial and aerospace sectors with sustainable and high-quality recycled materials. With a focus on innovation and environmental stewardship, Quest Alloys & Metals plays a crucial role in strengthening supply chains and promoting sustainable practices.

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For media inquiries, please contact Cole Morace at [email protected]