Revolutionizing Mining Waste
Phoenix Tailings, an MIT-born startup, is revolutionizing how we think about mining waste. The company has developed a groundbreaking process that transforms mining byproducts, specifically rare earth metals, into valuable materials for critical industries like electric vehicles and defense technology.
Rare earth metals are essential components of numerous modern technologies, from smartphones to electric vehicles. However, their extraction and processing often involve harmful environmental practices and a heavy reliance on China for supply.
Phoenix Tailings’ Solution: Sustainable Metal Recovery
Phoenix Tailings is pioneering a breakthrough method to recover rare earth metals and nickel from mining byproducts.
Their cutting-edge process uses water and recyclable solvents to extract rare earth metals from mining waste. These metals are then purified through a specialized electrochemical method that is both highly effective and environmentally safe.
This innovative technique eliminates harmful byproducts and reduces carbon emissions, offering a sustainable solution for the future.
With plans to produce over 3,000 tons of essential metals by 2026, Phoenix Tailings is rapidly scaling its operations. Backed by the Department of Energy, the company is expanding its production capabilities and moving forward with plans for a second facility.
Transforming Industries: EVs, Defense, and Sustainability
Phoenix Tailings’ technology has the potential to transform industries by providing a domestic source of rare earth metals for electric vehicles and defense systems, reducing foreign reliance and enhancing national security. It also promotes environmental sustainability by repurposing mining waste.
