America’s $500 million bet on rare earths depends on a tiny New Hampshire refinery scaling from 200 kg to 120 tonnes in 2 years

Phoenix Tailings, a New Hampshire refinery, aims to scale production from 200 kg to 120 tonnes of critical rare earth elements within two years using a $500 million Pentagon loan. The expansion targets strengthening the U.S. supply chain for defense and industrial minerals, reducing reliance on China's processing dominance.