US to take $150M stake in critical mineral company ATALCO
Published on: Jan. 13, 2026, 12:17 a.m. | Source: The Economic Times
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.
