Fast Metals Utilizes Industrial Waste to Extract Critical Minerals from Red Mud

Fast Metals employs a process using industrial waste to extract critical minerals like titanium and rare earth elements from red mud, a byproduct of alumina refining. The startup secured $4.3 million in pre-seed funding to scale its technology, which aims to make mineral recovery economically viable.

Aluminum production has saddled the world with billions of tons of caustic waste. One startup has a plan to clean it up and turn a profit.

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