Rare-Earth Refiner Phoenix Gets Traxys Backing to Boost Supply
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Why This Matters
Phoenix Tailings Inc. has secured $30.2 million in funding from investors, including Traxys North America LLC, to expand its facilities for rare-earth mineral recovery from mining waste, potentially boosting global supply.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Rare-earth refiner Phoenix Tailings Inc. has raised $30.2 million from investors, including metals trader Traxys North America LLC, to expand facilities that recover key minerals from mining waste.
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Full article on Bloomberg
Original article published by
Bloomberg
on February 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.