Currently, less than 5% of bauxite residues are being reused but due to past environmental incidents, the International Aluminium Institute (IAI) set a goal to reuse 25% of bauxite residues by 2025. The technology developed by Geomega’s R&D subsidiary Innord is targeting approximately 80% reuse, significantly higher than the IAI target.
Eliminating or significantly reducing the bauxite residues storage sites would extend the lifespan of the existing plants, help maintain jobs in the alumina refining industry that is under pressure to improve its environmental footprint and create new jobs associated with the new bauxite residues processing industry.