Phoenix Tailings
Refines rare earth oxides into metals and alloys with a zero-waste process at plants in Massachusetts and New Hampshire for magnet and defense supply chains.
Stryker Dragoon at sunset, Malacky Air Base, Slovakia. Photo: U.S. Army photo by Maj. John Ambelang, Public domain (PD-USGov-Military-Army).
Funding history
| Date | Round | Amount |
|---|---|---|
| Feb 2026 | Series B-3 | $40.2M |
Why it matters
Conditional $500M Pentagon loan for its Freedom Facility and a $66M DOE rare earth demonstration grant, both in June 2026.
Is Phoenix Tailings publicly traded?
Phoenix Tailings is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Information only, not investment advice.
Some figures rest on a single report. Treat them as indicative.Last verified November 14, 2026
Phoenix Tailings: key questions
What does Phoenix Tailings do?
Refines rare earth oxides into metals and alloys with a zero-waste process at plants in Massachusetts and New Hampshire for magnet and defense supply chains.
Where is Phoenix Tailings based?
Phoenix Tailings is headquartered in Exeter, New Hampshire. It was founded in 2019.
How much funding has Phoenix Tailings raised?
Total funding is >$150M, based on announced and reported rounds. Latest round: Series B-3, $40.2M, Feb 2026.
Who are Phoenix Tailings' investors?
Notable investors include Olive Tree Capital, Traxys, Eni Next, Envisioning Partners, MPower Partners, Aether VC.
Is Phoenix Tailings publicly traded?
Phoenix Tailings is privately held as of November 14, 2026: there is no ticker and no announced IPO. Shares are not available on public exchanges.
Can you buy Phoenix Tailings stock?
Not on a public exchange: Phoenix Tailings is a private company. Shares of private companies change hands only in private transactions open to accredited investors, when the company allows it. This is not investment advice.
Sources
- pulse2.com/phoenix-tailings-40-2-million-raised-for-accelerating-u-s-production-of-rare-ea
- miningweekly.com/article/mine-wate-refiner-phoenix-tailings-granted-66m-us-funding-for-rar
- news.bloomberglaw.com/construction-labor/rare-earth-startup-lines-up-500-million-in-pentag
Figures come from company announcements, government sources and press reports. Spot an error? Send a correction. Nothing here is investment advice.
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