DADA Holdings is a joint venture partner in ElementUS, and David D’Addario is its chairman and principal. He said that the company plans to build a facility with capacity for 1 million tonnes per year of reclamation, separation and beneficiation, on a site adjacent to Gramercy, where roughly 35 million dry tonnes of mineral-rich bauxite residue is being stored in open and readily accessible storage areas.
Gramercy, in the US state of Louisiana, is the last remaining alumina refinery in the country. It sources its bauxite from the St Ann bauxite mine in Jamaica, owned by New Day Aluminum.
The idea for ElementUS was born, D’Addario told the Fastmarkets International Aluminium conference on Wednesday September 1, when DADA Holdings, previously the principal owner of Gramercy through New Day Aluminum, realized that the Jamaican bauxite residue was rich in minerals including rare earths.
He noted the opportunity to reduce...