DADA Holdings LLC, the principal owner of New Day Aluminum, and Canada-based green technologies firm Enervoxa have formed a joint venture (JV) to extract rare earth elements and minerals from bauxite residue at New Day's Gramercy alumina refinery in Louisiana, the United States.
The venture, called ElementUS, will use Enervoxa technology to separate bauxite residue into its component materials, including several rare earth elements as well as iron, titanium and alumina.According to DADA's chairman and chief executive officer David D'Addario, the venture is...