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Phoenix Tailings Aims to Disrupt China's Rare-Earth Market

12/30/2025

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Story summary
  • Phoenix Tailings, a New Hampshire-based company, uses innovative processing methods to challenge China's dominance in the rare-earth elements market.
  • The company operates two furnaces that convert taupe-colored powder into ingots.
  • The ingots are crucial for electric vehicle motors and fighter jets.
  • The initiative reflects a broader effort by U.S. firms to reclaim a significant portion of the rare-earth industry currently controlled by Chinese suppliers.