Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.
Phoenix Tailings, is building technology to enable the recycling and re-mining of Bauxite Residue (“Red Mud”) - a hazardous by-product in the aluminum industry - to extract strategic materials which are critical to the Defense, Automotive, Electronics and Biotech industries. The company was founded with the mission to revolutionize the mining industry by enabling new sources of strategic materials, sustainably and economically.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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May 18, 2020 | Grant | $225K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |