ElementUS Plans Gramercy, Louisiana, Earth Elements Investment
03/08/2021
ElementUS will locate near the Noranda Alumina refinery and build a separation and extraction plant with an annual capacity in excess of 1 million tons. The company is completing its front-end engineering and design for the project. Upon a final investment decision, construction could be completed within two years.
“We could not be more thrilled to be partnering with Enervoxa on this game-changing green venture in Louisiana,” DADA Holdings Chairman and CEO David D’Addario said. “Rare earth elements are in short supply and are vital to national defense, critical technologies and domestic industry in general. We, alongside Enervoxa, have the opportunity to extract and commercialize valuable rare earths and other minerals while at the same time further reducing the environmental footprint at our alumina refining business and the U.S. dependence on China for these limited and technologically strategic minerals.”
LED began formal project discussions with ElementUS in late 2020. Subject to a final investment decision, the State of Louisiana will offer a $6 million performance-based grant and the comprehensive workforce solutions of LED FastStart, the nation’s No. 1 state workforce training and talent attraction program. In addition, ElementUS is expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs.
“We are excited to be partnering with DADA Holdings and bringing our green technology to Louisiana and the Noranda Alumina site,” Enervoxa CEO Vandit Verma added. “We have a proud history of developing and implementing green technology projects, and are confident that the partnership of ElementUS, Noranda Alumina and the great state of Louisiana will be a long and mutually beneficial one.”
The ElementUS project would be located within the 54-mile jurisdiction of the Port of South Louisiana.
“The Port of South Louisiana is delighted at the prospect of welcoming a new stakeholder into the port district,” said Executive Director Paul G. Aucoin of the Port of South Louisiana. “This new venture will be using byproducts from Noranda to extract rare earth minerals and other commodity metals, such as iron, titanium and additional alumina.”
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024