Control Investments
Control Investment Framework
principally
and special situations
purchases
require start up
Investments
ElementUS Minerals
U.S.A.
Developing a processing facility to extract REEs and critical minerals from residual bauxiteWebsite
Initial facility in Gramercy, LA
NICHE Fused Alumina
La Bâthie, France
Produces specialty alumina productsWebsite
120 yrs experience and 15-20% market share in Europe
40,000 t / yr production capacity
NICHE Fused Magnesia
Hull, UK
Manufactures fused and sintered magnesia products
10,000 t / yr production capacity
80% market share in Europe
NICHE Fusina
Italy
NICHE Fusina is one of the world's leading producers of industrial laminated aluminum products.Website
The plant is composed of (1) Cast House - which produces large slabs and (2) Rolling Mill which manufactures the slabs into finished products such as sheets, plates, and "shates".
Realized Investments
Wise Metals
Muscle Shoals, AL
Sold to Constellium for $1.4 billion in 2015
World’s third-leading producer of aluminum can stock for the beverage industry
Noranda Bauxite
St. Ann, Jamaica
Sold to Concord Resources Ltd in 2021 (DADA still owns minority interest)
5.2mm Mt annual production capacity bauxite mine
Closest source of high-quality bauxite to the U.S.
Largest bauxite mine in Jamaica by production
Noranda Alumina
Gramercy, LA
Sold to Concord Resources Ltd in 2021 (DADA still owns minority interest)
1.2mm Mt smelter-grade & chemical-grade alumina refinery
Only alumina refinery in the U.S.
NICHE Industrial Chemicals
Gramercy, LA
Sold to Concord Resources Ltd in 2021 (DADA still owns minority interest)
Only major virgin chemical grade alumina supplier in US
