Materials/Manufacturing

Midstream Processing for Magnet Feedstock Focus of U.S. Department of War’s $500M Loan to Phoenix Tailings 

Citing midstream processing as the critical link in America’s rare earths supply chain, the U.S. Department of War’s Office of Strategic Capital is planning to loan $500 million to Phoenix Tailings that would back half the cost of a large new plant, to be named the Freedom Facility. The funds would anchor an approximately $1 billion comprehensive financing initiative aimed at rebuilding America’s rare earth industrial base. Plans call for the facility to process diverse feedstocks to produce light and heavy rare earth metals by creating a large-scale separation and metallization capacity capable of serving mines, recyclers, manufacturers and government entities. […]

Materials/Manufacturing

Phoenix Tailings Acquires Machinery Partner for AI-Driven Rare Earth Production; New Funding Adds Minerals Trader Traxys 

“Rare earth processing is ultimately a technology race,” says Nick Myers, CEO and co-founder of Phoenix Tailings, an emerging builder of a fully integrated rare earth production platform spanning extraction, separation, refining and metallization with a […]

Materials/Manufacturing

Phoenix Tailings Acquires Machinery Partner for AI-Driven Rare Earth Production; New Funding Brings in Minerals Trader Traxys

Phoenix Tailings, an emerging builder of a fully integrated rare earth production platform spanning extraction, separation, refining and metallization has acquired Boston-based technology firm Machinery Partner, expanding their capabilities in artificial intelligence, automation and digital manufacturing infrastructure. […]

Materials/Manufacturing

Phoenix Tailings Opens Rare Earth Metallization Facility 

Phoenix Tailings has opened one of the first rare earth metallization facilities in the USA with zero reliance on Chinese inputs, equipment or technology. Located in Exeter, New Hampshire, initially the plant will produce 200 tons of both light and heavy rare earth metals each year, with the capacity to scale to more than 1,000 tons per year. That capacity would be able to supply the entire U.S. defense industrial base, says the company. […]