Companies like Phoenix Tailings are using new processing methods to compete with Chinese suppliers that currently enjoy a near monopoly on the processing of rare-earth elements.
This circuit takes up less than 15,000 square feet and is designed to generate no emissions other than those associated with the electricity Phoenix Tailings uses. The closed-loop design distinguishes this process from the more energy-intensive techniques used in China, where workers scoop up molten metal with ladles. That approach releases perfluorocarbons, potent greenhouse gases that do not break down easily.
That’s good to hear. Usually these operations are big polluters. Hopefully they can actually achieve that.
That’s good to hear. Usually these operations are big polluters. Hopefully they can actually achieve that.