ElementUS Minerals, LLC, a Dada Holding company, has announced that it has signed an exclusive agreement with the partners of LAlumina to process bauxite residue located at LAlumina’s refinery in Burnside, Louisiana.
{alcircleadd}ElementUS is technologically advanced in extracting and refining strategic minerals, including pig iron, alumina and rare earth elements from bauxite residue with zero mining impact.
The provider of ESG-friendly sources of critical materials, ElementUS, whose process will serve the dual purpose of extracting strategic minerals without the scars of mining activities and simultaneously cleaning up the environment by eliminating bauxite residue, is intended to be adapted and applied to many other alumina refining facilities around the world.
However, this agreement marks a vital step in the growth of ElementUS and a crossroad for LAlumina in the environmental remediation of the residual bauxite at its currently idled refinery, which could restart if market conditions validate.
The sustainable transformer of bauxite residue, ElementUS holds the rights to the entire bauxite residue produced at the Atlantic Alumina refinery in Gramercy, Louisiana. More than 30 million dry tonnes of bauxite residue are already stored at that site, with roughly another 1 million tonnes produced annually.
ElementUS’ agreement with LAlumina, will add up to 15 million tonnes of additional captive feedstock supply and allow for the professional remediation of bauxite residue created during decades of plant operations. The agreement also enables ElementUS to relocate its analytical laboratory and pilot plant to Burnside near both feedstock sites while also allowing ElementUS to build a larger-scale demonstration plant on the site as it proceeds with its plans for commercial-scale facilities at Gramercy and potentially Burnside.
Adding Burnside’s bauxite residue to ElementUS’ reserves will further its mission of providing a domestic source of sustainable, green critical materials to various industries.
Joe Carrabba, the CEO of ElementUS said, “Adding Burnside to our portfolio of bauxite residue sites from which to remediate and extract valuable minerals is a major milestone in the growth of ElementUS. We aspire to be a multisite business with the capabilities to clean up bauxite residue deposits around the globe and provide the market with a suite of strategic minerals produced in an environmentally friendly process,”
The aluminium industry experts estimate that nearly 3 billion tonnes of bauxite residue exist at alumina refining sites globally.
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