SYDNEY/HONG KONG -- Six years ago, the founders of Phoenix Tailings examined a "little black speck" produced by their backyard-welded prototype to separate rare earths and debated whether to buy the equipment needed to test the result.
Technology
US rare-earth refiner bets on chemistry to break China's dominance
Phoenix Tailings plans August expansion and eventual IPO
Phoenix Tailings CEO Nick Myers says the U.S. startup is eyeing expanded output of rare earth products and an eventual IPO. (Source photos by Reuters and screenshot from Phoenix Tailings' website)
Read Next
Latest on Technology
