Rare Earth Metals Refining Company Phoenix Tailings Closes on Additional $33M in Funding From Strategic Investors, Bringing the Round up to $76M to Support Rare Earth Metal Independence
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…