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US Offers Conditional $500 Million Loan for Rare-Earths Plant
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US Offers Conditional $500 Million Loan for Rare-Earths Plant

Bloomberg Markets · Jun 16, 2026, 3:05 PM

Mining startup Phoenix Tailings Inc. received a conditional commitment for $500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to help build a domestic rare-earth processing facility.

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