Global Trade Alert
Global Trade Alert

United States of America: Department of War announces a conditional loan commitment to Phoenix Tailings for rare earth processing expansion

Announcement

16 Jun 2026

In June 2026, the US Department of War's Office of Strategic Capital (OSC) announced a USD 500 million conditional loan commitment to Phoenix Tailings to expand domestic rare earth element processing and metallization capacity in the United States.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 16 Jun 2026
State loan

Recent update from 17 Jun 2026:

On 16 June 2026, the United States Department of War's Office of Strategic Capital (OSC) announced a conditional loan commitment of USD 500 million to Phoenix Tailings Inc. The funding supports the...

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