💨 Abstract

BMW and Yamaha Motor have invested in Phoenix Tailings, a U.S. rare earths processing startup, as part of efforts to boost production of strategic metals outside China. Phoenix's innovative process can produce rare earths with minimal emissions, and the company plans to build a $13 million facility in New Hampshire with funding from various investors, including BMW and Yamaha.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖