US Offers Conditional $500 Million Loan for Rare-Earths Plant
Mining startup Phoenix Tailings Inc. received a conditional commitment for $500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to help build a domestic rare-earth processing...
By Jacob Lorinc · Bloomberg Markets
Mining startup Phoenix Tailings Inc. received a conditional commitment for $500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to help build a domestic rare-earth processing facility.