Thursday, March 25, 2021

Noranda Alumina Signs LOI Cemtech

A highly respected Florida metals and recycling business executive with experience serving in senior management positions, David D’Addario is the chairman and CEO of New Day Aluminum LLC. With over three decades of experience in the metals industry, David D’Addario has overseen major transactions including those of subsidiaries Noranda Bauxite and Noranda Alumina.

Noranda Alumina, a subsidiary of New Day Aluminum LLC, recently signed a letter of intent with Cemtech Materials Corporation with the aim of selling 60,000 tons of bauxite residue beginning in the last quarter of 2020. Under the deal, bauxite residue will be utilized in the cement production process as a substitute for iron (Fe) and subsequently replacing other iron-bearing raw materials that were currently in use. Based in Gramercy, Louisiana, Noranda Alumina produces both smelter-grade and chemical-grade alumina, which is sold to buyers who utilize it for aluminum and other metallurgical uses.

An approval from the Louisiana Department of Environmental Quality (LDEQ) paved the way for Noranda Alumina to supply bauxite residue to cement producers. According to David D’Addario, the chairman and CEO of New Day Aluminum Holdings, the company is keen on adopting a sustainable business model, while at the same time reducing its environmental footprint as it works its way toward achieving a zero-residue refinery in Gramercy.