Phoenix Tailings Plans New York Facility
Phoenix Tailings will construct a 375 million dollar rare earth processing facility in Rochester, New York. The project aims to reduce reliance on foreign supply chains and begin operations next year.
Phoenix Tailings will build a $375 million rare earth processing facility in Rochester, New York state Governor Kathy Hochul announced on Tuesday. The project aims to counter foreign dominance in critical minerals used for electric vehicles and defense equipment. The expansion underscores aggressive investments by the United States to build domestic supply chains and reduce reliance on China as geopolitical tensions persist.
