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.â€
To read more updates on Right to Work states, click here.