Atlantic Strategic Minerals utilizes low-impact mining and mineral processing techniques to extract and refine heavy mineral sands in Virginia, aiming to revitalize domestic supply chains for critical minerals. The company addresses the reliance on foreign sources by enhancing local production capabilities, ensuring a sustainable and responsible supply of essential materials.
Funding
Funding not disclosed
Founders
Product
Problem
The United States relies heavily on foreign sources for critical minerals, creating vulnerabilities in supply chains essential for various industries, including aerospace, renewable energy, and defense. Establishing domestic production capabilities is crucial to reduce this dependence and ensure a secure supply of these essential materials.
Solution
Atlantic Strategic Minerals (ASM) is focused on revitalizing domestic supply chains for critical minerals through low-impact mining and mineral processing of heavy mineral sands. ASM utilizes proven mining and mineral processing methods to extract and refine heavy mineral sands, focusing on environmental and social responsibility. By restarting existing mining and mineral processing infrastructure, ASM aims to deliver value to stakeholders and rebuild USA domestic supply chains of critical minerals. The company's operations produce zircon and ilmenite, which are used in the production of ceramics, titanium dioxide, and other advanced manufacturing applications.
Target Audience
ASM's primary customers are industries requiring critical minerals such as titanium, zirconium, and rare earth elements, including the aerospace, renewable energy, consumer technology, and defense sectors.
Features
- Low-impact mining and mineral processing techniques
- Focus on heavy mineral sands mining
- Production of titanium-bearing minerals (ilmenite, rutile, and leucoxene), zircon, and monazite
- Refurbished and fully permitted Virginia production facilities and mining assets
- Concurrent reclamation of mining areas