Strategic Capital Fuels $500M Rare Earth Refinery
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2 Articles
U.S. Commits $500M to Phoenix Tailings for Rare Earth Midstream Facility
The U.S. Department of War’s Office of Strategic Capital (OSC) and Phoenix Tailings announced a strategic investment aimed at expanding domestic rare earth processing capacity, a critical segment of the U.S. mineral supply chain. OSC is conditionally committing $500 million in long-term debt financing toward the construction of the Freedom Facility, which anchors an […] The post U.S. Commits $500M to Phoenix Tailings for Rare Earth Midstream F…
Strategic Capital Fuels $500M Rare Earth Refinery
The US Department of War’s Office of Strategic Capital has issued a US$500 million conditional loan commitment to Phoenix Tailings, anchoring a US$1 billion public-private initiative to build a domestic rare earth separation and metallization plant.Dubbed the "Freedom Facility", the project aims to close a midstream bottleneck in the supply chain for permanent magnets, defense systems, and advanced manufacturing.The joint funding combination pai…
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