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The Economic Times

Top News / The Economic Times

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US to take $150M stake in critical mineral company ATALCO

In a strategic move to enhance national security, the US government is channeling $150 million into a partnership with Atlantic Alumina Co., a firm with a rich history of bauxite processing near New Orleans since the 1950s. This investment aims to increase domestic production of gallium, a critical mineral essential for advanced satellite systems and military radar technology.

13 Jan 2026 12:17 am