Phoenix Tailings, Inc.
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Phoenix Tailings, Inc. - overview
Established
2019
Location
Woburn, MA, US
Primary Industry
Mining
About
Founded in 2019 by Anthony Balladon, Michelle Chao (COO), Nicholas Myers (CEO), and Tomás Villalón (CTO), and based in Massachusetts, US, Phoenix Tailings, Inc. operates as a company providing clean mining and metals production company. In February 2026, Phoenix Tailings, Inc. raised USD 40.
2 million in series B and venture debt funding Traxys, Eni Next, Geodesic Capital, Aether Investment Partners, Olive Tree Capital, Envisioning Partners, MPower Partners, and Nomura Capital Management. The firm serves customers in the Defense, Automotive, Electronics, and Biotech industries. The firm employs a proprietary process to extract usable metals, including rare earth metals, from mining waste known as tailings. The firm extracts metals like Ferro-Dysprosium Alloys, Neodymium, and Dysprosium derived from the recycling and re-mining of Bauxite Residue.
The company will use the February 2026 funding to expand its rare earth metals production capabilities and accelerate the buildout of a fully integrated domestic rare earth production platform in the United States.
Current Investors
Presidio Ventures, Envisioning Partners, EIC Rose Rock
Primary Industry
Mining
Sub Industries
Logistics & Distribution, Materials, Metal Mining, Mining & Quarrying of Nonmetallic Minerals
Website
www.phoenixtailings.com/
Company Stage
Series B
Total Amount Raised
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