BURLINGTON, Mass., June 04, 2026 (GLOBE NEWSWIRE) -- Phoenix Tailings today announced that it has been selected for a $66 million grant from the U.S. Department of Energy's (DOE) Rare Earth Demonstration Facility Program, which will advance commercial deployment of its proprietary rare earth separation technology as part of a $147.8 million project. Building on the company's existing rare earth metallization operations, Phoenix Tailings, in partnership with MIT and the University of Minnesota, will deploy and scale next-generation technologies that can recover heavy rare earth materials from a diverse range of domestic feedstocks.

Phoenix Tailings currently operates commercial rare earth metallization facilities and supplies rare earth metals to industrial customers. This project expands the company's capabilities upstream into separation, creating a more integrated domestic refining platform.

Rare earth separation remains one of the most constrained segments of the global critical minerals supply chain. By combining ...