A successful Florida executive, David D'Addario serves as the chairman and CEO of Dada Holdings, a Fort Lauderdale-based investment and management company that makes control investments and manages companies across various industries. Leveraging over three decades of experience in the metals and recycling industries, David D'Addario concurrently serves as chairman and principal of ElementUS Minerals, LLC.
In September 2022, ElementUS Minerals announced an agreement with the partners of the independent startup business LAlumina to extract useful minerals from LAlumina's bauxite residues in an environmentally friendly manner. ElementUS's proprietary strategy circumvents the environmental and public health hazards associated with mining. The company focuses on mitigating wastage of useful minerals while concurrently reducing the accumulation of bauxite residue, which effectively cleans up the environment. When the announcement was made, LAlumina had roughly 15 million tonnes of bauxite residue at its refinery in Burnside, Louisiana. ElementUS will extract strategic minerals from the residue, including alumina and pig iron. In addition to mineral extraction, ElementUS plans to separate useful rare earth elements from the bauxite residue. The agreement also includes the relocation of ElementUS's analytical laboratory to Burnside.
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AuthorDavid D'Addario - Growth-Focused Metals Executive. Archives
October 2023
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