As a consequence of the increasing aluminum production in Iceland, local processing of aluminum skimmings has become a feasible business opportunity. A recycling plant for this purpose was built in Helguvik on the Reykjanes peninsula in 2003. The case of the recycling plant reflects increased concern regarding environmental aspects of the industry. An interesting characteristic of this plant is the fact that it is run in the same facilities as a large fishmeal production installation. It is operated by the same personnel and uses-partly-the same equipment and infrastructure. This paper reviews the grounds for these decisions and the experience of this merger of a traditional fish melting industry and a more recent aluminum melting industry after 6 years of operation. The paper is written by the original entrepreneurs behind the company, who provide observations on how the aluminum industry in Iceland has evolved since the starting of Alur's operation and what might be expected in the near future.