One of the limiting factors for expanding the applications of aluminum alloy castings in many high-tech industries is the insufficient level of tribological properties, especially under conditions of dry and abrasive wear. Reinforcing of aluminum alloys with hard ceramic particles, i.e., transition to aluminum matrix composites, allows significantly increasing their resistance against dry sliding friction, scuffing, and seizure in wide temperature and force intervals of operation. Among the numerous problems related to the industrial implementation of cast aluminum matrix composites, the problem of their recycling takes the important place. This work is aimed at establishing the influence of metallurgical processes during remelting on the change in tribological properties of cast Al-Si-B4C aluminum matrix composites. For this purpose, tribological tests in conditions of dry friction according to the ball-on-disc scheme were used. Reinforcing of an AlSi12 matrix alloy with B4C particles leads to a decrease in the composite friction coefficient and the mass wear in the as-cast state in comparison with an unreinforced matrix alloy. During remelting, the tribological properties of the aluminum matrix composites do not deteriorate. Repeated remelting leads to the improvement in particle distribution uniformity, formation of the Al3BC phase at the matrix/particle interfaces, fragmentation of reinforcing B4C particles due to cyclic thermal loads as well as an increase in the porosity fraction. The changes in the structural-phase composition during remelting have a direct influence on the level of tribological properties. Typical effects associated with dry friction, such as plastic deformation of the matrix material and the formation of areas of adhesion-cohesive fracture, indicative of scuffing, were revealed by SEM analysis of the wear tracks of an unreinforced matrix alloy. For the composite material, these effects manifested to a much lesser extent. A qualitatively similar sliding wear behavior was observed for all composite samples, regardless of the remelting iteration. The study suggests that the formation of a transitional tribolayer may occur during dry sliding friction of aluminum matrix composites, which can reduce the friction coefficient.