What ElementUS Minerals does

ElementUS Minerals (legal entity ElementUSA Inc.; also doing business as Elementus Minerals LLC) is a Fort Lauderdale, Florida-based critical minerals company founded in 2019 that operates end-to-end Waste2Market (W2M) services to transform legacy U.S. mine waste into critical minerals for national security, semiconductor, and energy infrastructure customers. Its core technology is the Critical Resource Accelerator—an integrated physical hub combining laboratory, R&D, data, IP, and AI capabilities—used to test, develop, scale, and commercialize mineral recovery processes, paired with domestic midstream processing infrastructure that handles raw materials from U.S. and allied sources. The company targets the structural gap in U.S. critical mineral processing capacity, where the U.S. is 100% import-dependent for 12 of 50 named critical minerals and over 50% dependent on 32 more, and is positioning scandium supply (60 metric tons of annual U.S. defense demand, with China controlling over 90% of refined supply) as a flagship program. Revenue is generated through direct government sales (DoD defense contracts), industrial OEM supply of recovered critical minerals (hardware sales), and professional services around W2M processing partnerships with resource owners and technology partners, with multi-year contract-based pricing determined through federal procurement. As of 2026 the company has secured a $67M Department of Energy grant (jointly with Colorado School of Mines) and DoD defense contracts awarded alongside Rio Tinto and NioCorp, with leadership led by CEO Joseph A. Carrabba.

Name

ElementUS Minerals

Legal name

ElementUSA Inc.

Website

https://elementusminerals.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

ElementUS Minerals (ElementUSA) is a Fort Lauderdale-based critical minerals company that operates Waste2Market services and the Critical Resource Accelerator to recover critical minerals from over 100 billion tons of U.S. legacy mine waste, supplying U.S. defense, semiconductor, and energy infrastructure customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Critical Mineral Supply to Defense Sector: Revenue derived from processing and supplying critical minerals (including scandium) to U.S. defense manufacturing. The company is developing supply chains to serve advanced aerospace systems and next-generation defense electronics manufacturers.
2. Waste2Market Processing Services: Providing end-to-end resource recovery services, creating market pathways for resource owners, offering feedstock and implementation for technology partners, and connecting OEMs with critical resources.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

ElementUSA provides end-to-end Waste2Market (W2M) services with robust midstream infrastructure processing capabilities, transforming industrial liabilities and legacy mine waste (over 100 billion tons in the U.S.) into essential critical minerals for national security, semiconductor, and energy infrastructure industries. The company operates a Critical Resource Accelerator combining laboratory, R&D, data, IP, and AI to test, develop, scale, and commercialize critical mineral recovery processes.

Product overview

ElementUSA provides end-to-end Waste2Market (W2M) services with robust midstream infrastructure processing capabilities, transforming industrial liabilities and legacy mine waste into essential minerals. The company's portfolio consists of two core offerings: the Waste2Market (W2M) service platform providing end-to-end waste-to-market capabilities and midstream processing infrastructure, and the Critical Resource Accelerator serving as the company's physical hub and innovation engine that brings together laboratory, R&D, data, IP, and AI capabilities to drive process development and commercialization.

Differentiator

Problem solved

Functional benefit

Brands

• Waste2Market (W2M): End-to-end services transforming industrial liabilities into essential minerals for key industries

Products and services

• Waste2Market (W2M) End-to-end waste-to-market services with midstream infrastructure processing capabilities that transform industrial liabilities and legacy mine waste into essential minerals for key industries including national security, semiconductors, and energy infrastructure. The service creates market pathways for resource owners, offers feedstock and implementation for technology partners, and connects OEMs with critical resources tailored to their needs.
• Critical Resource Accelerator Physical hub and innovation engine combining laboratory and R&D facilities with people, data, intellectual property, and AI to test, develop, scale, and commercialize critical mineral recovery and processing technologies. The accelerator drives program development from process testing through commercialization for ElementUSA's critical mineral programs.

Quantifiable outcome

• Transforms over 100 billion tons of legacy mine waste into recoverable critical mineral resources
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Colorado School of MinescoreStrategic or Co-development Partner · 17 July 2025ElementUSA and Colorado School of Mines were jointly awarded $67 million by the Department of Energy to accelerate America's access to critical minerals. The partnership combines academic research capabilities with industry operational expertise to develop domestic critical mineral processing technologies.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Energy Fuels: U.S.-based uranium and rare earth processor that has expanded into rare earth separation and processing at its White Mesa Mill. Comparable because it operates U.S. midstream processing capacity for critical minerals, including recovery from unconventional feedstocks, with strong government alignment.
• MP Materials: Operates the Mountain Pass rare earth mine and processing facility in California, producing rare earth oxides for U.S. defense and industrial customers. Direct comparable because it is a U.S.-based, government-aligned critical minerals processor supplying defense and OEM customers with domestically sourced material.
• Lynas Rare Earths: Largest non-Chinese producer of separated rare earth materials, with processing facilities in Malaysia and a planned U.S. facility. Comparable because it is the global benchmark for non-Chinese rare earth separation and processing infrastructure serving defense and advanced industrial customers.
• NioCorp Developments: Developer of the Elk Creek critical minerals project in Nebraska targeting scandium, niobium, and rare earths. Direct comparable because it is explicitly named as a co-awardee alongside ElementUS in the DoD scandium supply chain program and targets the same defense and industrial end markets.
• USA Rare Earth: U.S.-based critical minerals company developing domestic rare earth and critical mineral processing and magnet manufacturing capacity. Comparable because it targets the same U.S. domestic supply chain gap that ElementUS addresses and pursues parallel government and defense customer relationships.
• Neo Performance Materials: Global processor of rare earth and rare metal materials, including rare earth permanent magnets and specialty materials serving industrial and defense end markets. Comparable because it operates downstream critical mineral processing and finishing capabilities serving automotive, electronics, and defense OEMs.

Emerging players

• Nouveau Monde Graphite: Canada-based developer of a vertically integrated graphite mining and battery-grade anode material processing operation, with strong U.S. and Quebec government alignment. Comparable as an emerging North American critical mineral processor targeting battery, defense, and industrial customers through policy-backed offtake.
• Perpetua Resources: U.S.-based miner developing the Stibnite antimony-gold project, which is being positioned within the same domestic critical mineral re-shoring narrative. Comparable because it pursues federal financing and defense offtake for a single critical mineral at a time when the U.S. is import-dependent.

Broad incumbents

• Albemarle: Global specialty chemicals leader and the world's largest lithium producer, with established U.S. critical minerals operations and IRA-aligned investment plans. Comparable as a broad incumbent in critical mineral chemicals that competes for the same OEM, defense, and energy infrastructure customers.
• Tronox Holdings: Vertically integrated producer of titanium dioxide and zircon, with mineral sands mining and processing operations. Comparable as an incumbent midstream mineral processor with U.S. operations that could expand into adjacent critical mineral recovery from waste streams.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ElementUS Minerals