HIGHLIGHTS

• Phoenix Tailings focuses on extracting rare earths from mining waste.
• The company has raised $90 million to date.
• Nick Myers emphasizes the importance of midstream processing.
• The oxide to metal conversion is a key area of focus.
• Collaboration within the industry is crucial for success.
• Industrial policy is needed to support the rare earth sector.
• Recent changes in the market have galvanized interest in rare earths.
• Scaling operations is a priority for Phoenix Tailings.
• The company aims to process tailings for various metals.
• A startup mentality drives the culture at Phoenix Tailings.

SUMMARY

In this episode of the Rare Earth Exchanges podcast, host Dustin Olsen and co-host Daniel O'Connor engage with Nick Myers, CEO and founder of Phoenix Tailings. The conversation delves into the innovative approaches Phoenix Tailings is taking to extract rare earth metals from mining waste using clean and zero waste processes. Nick shares insights into the company's journey, the challenges of midstream processing, and the importance of collaboration within the industry. The discussion also touches on the need for industrial policy to support the rare earth sector in the U.S. and the exciting future prospects for Phoenix Tailings as they aim to scale operations and make a significant impact on the global supply chain.

CHAPTERS

• 00:00 Introduction to Phoenix Tailings and Rare Earths
• 03:00 The Journey of Phoenix Tailings
• 06:00 Understanding the Midstream Processing
• 08:54 Innovative Approaches to Rare Earth Processing
• 11:59 The Oxide to Metal Conversion Process
• 15:08 Sourcing Feedstock and Industry Collaboration
• 17:53 Building a Sustainable Rare Earth Industry
• 21:01 The Role of Industrial Policy
• 23:57 Recent Changes and Opportunities in the Sector
• 27:03 Scaling Operations and Future Plans
• 29:54 The Culture at Phoenix Tailings
• 33:02 Looking Ahead: The Next Five Years