Cedar Park Texas Provides Tax Incentives to ElementUSA

​In January 2025, the Cedar Park City Council in the Austin, Texas, suburbs approved $300,000 in incentives for ElementUSA to operate a 30,000-square-foot R&D facility. The company is developing proprietary processes for extracting critical minerals from aluminum refinery waste tailings.

Alumina, iron, and rare earth elements REE extracted from residual bauxite (or “red mud”) have vital commercial applications. Defense and advanced technology industries spanning aerospace, steelmaking, wind turbines, and electric vehicles require them. At present, a majority of rare earth elements come from foreign countries. ElementUSA researchers will sample and test diverse metallic tailings and mineral waste products from mining processes at the new facility.

The lease should start by the end of 2025. The corporate move should create 28 high-paying jobs by the end of 2026 and generate $4.22 million in local revenue. Cedar Park is providing incentives, including $10,000 for each home one of ElementUSA’s employees purchases in the area.

David D'Addario, New Day Aluminum LLC

Shop