Sumitomo-backed Phoenix Tailings taps Asia to strengthen US rare-earth ambitions
--------------------------------------------------------------------
Source: Nikkei Asia
Published: 2026-07-02 23:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Commodities, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
Phoenix Tailings, backed by Sumitomo's Presidio venture arm and Yamaha Motor Ventures, is building a rare earths midstream processing plant and aims to begin operations in 2028. (Phoenix Tailings)
--------------------------------------------------------------------