Rochester, NY, October 21, 2026 —

Phoenix Tailings is establishing a $375 million rare earth facility in Rochester, New York, according to the information provided. The available details identify the company, the project amount, the facility’s focus and its location.

No further information was provided about the project’s schedule, the site, the facility’s planned capacity or the specific rare earth materials it will handle. Details about construction, permits, employment, financing and expected operations were also not included. The information does not say whether work has begun or when the facility is expected to open.

The description does not specify what the $375 million figure represents, such as a construction budget, a broader project value or another amount associated with the facility. It also does not identify the source of the figure. Those details cannot be determined from the information available.

As described, the project would establish a rare earth facility in Rochester under the Phoenix Tailings name. Beyond that, the information offers no explanation of the facility’s intended role, its anticipated customers or how it would obtain or process materials. No statements from company representatives or local officials were provided.

Further details would be needed to clarify the project’s timeline, scope and local impact. For now, the reported information is limited to the company’s plan to establish the facility, its $375 million figure and its Rochester location.


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