IB2 is an innovative solution for alumina refining, promising breakthrough results with low-grade bauxite. Established in 2014 and headquartered in France, the company prides itself on offering an easy-to-implement and optimized technology for alumina refineries. With a slogan of "The innovative and breakthrough solution for alumina refining with low-grade bauxite," IB2's solution addresses several key issues in the industry. By leveraging low-quality bauxite, IB2 enables the production of the same quantity of alumina using fewer resources, including bauxite and sodium hydroxide, while also reducing waste. This translates to significant financial, environmental, strategic, and technological benefits. The company's solution has been developed by a dedicated team of 10 professionals with over 250 years of combined experience in the bauxite and alumina industry. In February 2024, IB2 secured a noteworthy €8.00M Venture Round investment, with this funding round led by Otium Capital. This investment points to the confidence investors have in the company's innovative approach and its potential to disrupt the alumina refining sector. IB2's ability to attract such investment is a testament to the promising future prospects for the company and the industry as a whole.
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