🚨 BREAKING: Phoenix Tailings Secures $30.2M for Rare Earth Expansion!
Massive news for the #CriticalMinerals sector. Phoenix Tailings just locked in $30.2M to scale U.S. domestic rare earth refining. This is a huge step toward breaking the global monopoly on magnet-grade metals. 🇺🇸💎
⚡ The Quick Hits:
The Funding: $30.2M to expand the Exeter, NH facility.
The Goal: Scaling production from 200 tons to 1,000+ tons per year.
Target Markets: EV Motors, Defense (missiles/jets), and Green Energy.
The Edge: 100% "Closed-Loop" process—zero hazardous acids, zero Chinese dependency.
📉 Why the Market is Watching:
With the U.S. pushing for a fully domestic supply chain by 2027, Phoenix is positioned as a primary "metallization" hub. For investors, this signals a shift from raw mining to the more profitable high-tech refining stage.
IPO Watch: CEO Nick Myers recently hinted at an IPO target within the next 3 years. Is this the birth of a new industrial giant? 📈
#RareEarths #PhoenixTailings #EV #SupplyChain #Investing $SIREN
