FAST Metals INC (Equity Purchase)

Funding Details
Awarder
Greentown
Date Award
April 25, 2025
Vertical
Manufacturing
Funding URL
View Funding Page

Company Info
Founding Year
2024
Founders
Sumedh Gostu, Anthony Staley
Company Description
FAST Metals INC aims to develop a recovery process capable of producing Iron, Aluminum, Scandium, Titanium, and other Rare Earth Elements (REEs) from Bauxite residues, an industrial waste byproduct produced in the Bayer Process for Alumina Extraction. Their hydrometallurgical process selectively isolates and extracts these metals, generating revenue while cleaning up environmentally hazardous legacy tailings facilities, thus making Aluminum extraction sustainable and green.
Market
Metals Recovery
Location
Somerville, MA, US

Links
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