Phoenix Tailings Secures $40.2 Million in Strategic Capital to Accelerate U.S. Rare Earth Metals Production

2026-02-19 - 21:03

EXETER, N.H. -- Phoenix Tailings has closed a $40.2 million oversubscribed B-3 amplification round, bringing total Series B funding to $116.6 million. The round was offered exclusively to existing investors and select strategic partners and consisted of $30.2 million in equity and $10 million in venture debt from Nomura. Read More