$30.2 million in equity and $10 million in venture debt accelerate expansion of fully clean, domestic rare earth metals production. Investors include Eni Next, Geodesic Alliance Fund, and Traxys. EXETER, N.H.–(BUSINESS WIRE)–Phoenix Tailings has closed…
The oversubscribed round will scale domestic rare earth production to establish domestic rare earth metal independence just as China uses export controls to drastically limit supply and threaten U.S. manufacturing. WOBURN, Mass.–(BUSINESS WIRE)–Phoenix Tailings expanded…
Woburn, MA – According to filings with the U.S. Securities and Exchange Commission, Phoenix Tailings is raising $12,086,135.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Nicholas Myers played a…