Greetings,
It rather depends on what it is. If it is mil surplus ammo of undetermined origin then just sell it off. You can pull the projectiles of mil spec ammo (commercially manufactured with full patch projectiles) and replace them with soft points of the same weight but recycling the components for loading other cartridges is dangerous to the point of stupidity. Show me the load data you would use. Assuming that the cases are boxer primed they can be reloaded but as you don't have a .308 you may as well just sell it.
Regards Grandpamac.
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