Where is ElementUS Choosing to Make Their $800 Million Investment?

ElementUS is a company that is a joint venture between DADA and Enervoxa. Their plans are to focus on gathering rare metals and elements. In addition, they plan to do so while staying carbon-neutral. In order to make all of this possible, they are investing $800 million in Right to Work Gramercy, Louisiana. This will create 200 new jobs as well, so this will be a great addition to the area’s economy! This project will be good for the environment, as well as market and the economy.

From Area Development Magazine:

“We are excited to be partnering with DADA Holdings and bringing our green technology to Louisiana and the Noranda Alumina site. […] 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 Port of South Louisiana is delighted at the prospect of welcoming a new stakeholder into the port district. […] 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.”

AREA DEVELOPMENT MAGAZINE

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