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Rare-Earth Startup Lines Up $500 Million in Pentagon Funding (opens original article in a new tab)

TL;DR

US offers conditional $500 million loan to Phoenix Tailings Inc. for rare-earths plant

  • US offers $500 million loan to Phoenix Tailings Inc. for rare-earths plant
  • Pentagon's Office of Strategic Capital provides conditional commitment
  • Loan aims to support domestic rare-earth processing facility

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