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FAST Metals Raises $4.3 Million and Commercializes Critical Mineral Recovery Technology

  • Writer: Burk TechnoEconomics
    Burk TechnoEconomics
  • Jul 28
  • 1 min read

FAST Metals is developing technology to recover critical minerals from red mud and other iron-rich industrial wastes. The company recently raised $4.3 million in pre-seed funding and announced its first commercial customer, Metalox Mineral Corporation, where it will begin processing waste feedstocks at a commercial facility in Florida. This is an exciting step toward turning a major industrial waste stream into a domestic source of aluminum, scandium, titanium, rare earth elements, and other valuable materials. Read the full announcement here: https://www.prnewswire.com/news-releases/fast-metals-raises-4-3-million-and-commercializes-critical-mineral-recovery-technology-302837149.html

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