# Fast Metals

**Source:** https://www.startuphub.ai/startups/fast-metals
**Profile type:** Startup

> Extracting critical minerals from industrial waste like red mud using a proprietary chemical process.

## About

FAST Metals is a startup focused on extracting critical minerals from industrial waste, specifically red mud generated from aluminum production. They have developed a proprietary chemical process that utilizes another waste stream from alumina refineries to make the extraction economically viable. Their technology removes iron first, unlocking access to valuable materials like iron, aluminum, scandium, titanium, and rare earth elements, turning a costly waste stream into a source of critical minerals without the need for new mines.

## Key facts

- **Slug:** fast-metals
- **Website:** https://www.fastmetals.com/
- **Location:** Stamford, United States
- **Founded:** 2024-01-01
- **Operating status:** Active
- **Total funding:** $4M
- **Sectors / tags:** Climate Tech, Materials Science, Mining, Waste Management, Critical Minerals, Circular Economy, Mining Technology, Industrial Waste, Red Mud, Rare Earth Elements, Aluminum Extraction

## Frequently asked

### What does Fast Metals do?

FAST Metals is a startup focused on extracting critical minerals from industrial waste, specifically red mud generated from aluminum production. They have developed a proprietary chemical process that utilizes another waste stream from alumina refineries to make the extraction economically viable. Their technology removes iron first, unlocking access to valuable materials like iron, aluminum, scandium, titanium, and rare earth elements, turning a costly waste stream into a source of critical min…

### How much funding has Fast Metals raised?

Fast Metals has raised a total of $4M in funding. The most recent round on record is Pre-Seed.

### Where is Fast Metals headquartered?

Fast Metals is headquartered in Stamford, United States.

### When was Fast Metals founded?

Fast Metals was founded in 2024.

### What industry does Fast Metals operate in?

Fast Metals operates in Climate Tech, Materials Science, Mining, Waste Management, Critical Minerals, Circular Economy.

### What is Fast Metals's revenue?

StartupHub estimates Fast Metals's annual revenue at $1.1M (range $431K to $3.9M, 29% confidence), based on comparable companies in the sector.

### What is Fast Metals's valuation?

StartupHub estimates Fast Metals's effective valuation at $17.2M (range $10.8M to $25.8M, 23% confidence), based on comparable companies in the sector.

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