DOE Selects Phoenix Tailings for Rare Earth Metals Demo Facility Funding Negotiations

Published: Jun 10, 2026 10:58

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[SMM Rare Earth Flash News] The US Department of Energy (DOE) has selected Phoenix Tailings, based in Oklahoma, for funding negotiations to support its construction of a demonstration facility that will produce high-purity rare earth metals from industrial scrap locally. The project aims to develop a new commercial pathway to realize domestic production of heavy rare earth metals. The project is part of the DOE's "Rare Earth Element Demonstration Facility Program" with a total investment of $134 million, but the specific amount reserved for Phoenix Tailings has not been disclosed.

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