WOBURN, MA — Phoenix Tailings was awarded a $1 million ARPA-ERevolutionizing Ore to Steel to Impact Emissions (ROSIE) grant for its zero-process-emissions ore-to-iron processing.
“We are thrilled by ARPA-E’s support and validation of our proprietaryprocess to produce zero-emission iron cost-competitively with traditionalmethods,” said Nick Myers, co-founder and CEO of Phoenix Tailings.“Phoenix Tailings’ mission is to support true innovators who createextraordinary new products that people and businesses use daily byproviding them with cost-competitive raw materials from tailings, a readilyavailable source. This grant allows us to support the incredible companiesin the steel industry, like Boston Metal, who have made great strides indecarbonizing one of the dirtiest industries on earth. “
Specifically, Phoenix Tailings produces iron through molten oxideelectrolysis. Their proprietary process is designed to economically recoverhigh-grade iron from tailings, including iron ore tailings and bauxiteresidue, leading to the successful remediation of the sites.
Tailings are the by-products of traditional mining operations. They aresubstantial financial and environmental liabilities yet contain enormouspotential resources if economic extraction methods can be deployed.Phoenix Tailings has developed a platform technology that transforms theseliabilities into assets by economically extracting a portfolio of products,including high-grade iron and critical minerals like rare earths, nickel,copper, and cobalt.
In addition to zero-emissions iron processing, Phoenix Tailings is expandingthe company’s refining capacity of neodymium and dysprosium, both criticalrare earth metals, at its Burlington processing facility. This expansion willfulfill purchase agreements supporting the automotive, electronics, andaerospace sectors.
Phoenix Tailings also received a $1.2 million ARPA-E award in 2023 and has
received funding from the NSF, Air Force, and the Commonwealth ofMassachusetts’ M2I2 grant program.
Inquiries: media@phoenixtailings.com