Nicholas Myers (Phoenix Tailings)

Overview

Nicholas Myers is the co-founder and CEO of Phoenix Tailings, a pioneering metals production company focused on sustainable and eco-friendly processes for extracting rare earth metals. Founded in 2018 by Myers and his team, Phoenix Tailings is dedicated to transforming the rare earth metals industry through innovative technologies that reduce environmental impact and promote sustainable mining practices. Myers' work has been instrumental in positioning his company at the forefront of rare earth processing in the United States.

Recent Developments

Over the past few years, Nicholas Myers and Phoenix Tailings have made significant strides in rare earth metals processing and funding, marking notable achievements and developments:

December 2024: BMW i Ventures and Yamaha Motor Ventures announced their investment in Phoenix Tailings, providing a $43 million Series B funding round aimed at expanding the company's rare earth processing capabilities. The investment is part of Phoenix's plan to scale up production and enhance its strategic position in the industry.
December 2024: The funding will be utilized to build a $13 million facility in Exeter, New Hampshire, projected to produce 200 metric tons of rare earths annually by June 2025. This facility will serve to strengthen the domestic supply chain for critical metals used in technology and defense sectors.
November 2023: Phoenix Tailings announced a strategic partnership with Tridelta Magnetsysteme, combining American innovation with German engineering to advance the development and distribution of rare earth magnets.
2023: Phoenix Tailings secured government grants from the Department of Energy's ARPA-E program to catalyze innovations in zero-emission production processes, solidifying its status as a leader in sustainable technology development.
2022-2023: Expansion of operations and further validation of their zero-waste, carbon-neutral processes, which include the extraction of metals from non-traditional sources such as recycled materials and mining waste.

Personal Information

Attribute	Information
Full Name	Nicholas Myers
Born	Unknown
Nationality	American
Occupation	CEO, Co-founder of Phoenix Tailings
Known For	Sustainable mining and metal production
Education	Alumni of Northeastern University

Early Life and Education

Nicholas Myers grew up in the United States and pursued higher education at Northeastern University, where he honed his skills in business and entrepreneurship. His academic background provided a foundation for his interest in sustainable innovations, particularly in the resource recovery and metal production sectors. His educational journey was marked by a blend of theoretical learning and practical application, preparing him for the entrepreneurial ventures he would later undertake.

Career and Notable Achievements

Nicholas Myers embarked on his career path with a vision to revolutionize the metals industry through sustainable practices. His approach was driven by a commitment to environmental stewardship and innovation. Notable milestones in his career include:

2018: Co-founded Phoenix Tailings with the mission to offer zero-emission metal production technologies.
2023: Secured major strategic partnerships and substantial funding to boost the company's production capabilities and technological advancements.
2024: Phoenix Tailings recognized as a leader in clean technology, attracting high-profile investments from major corporations like BMW and Yamaha.

Current Work and Impact

Currently, Nicholas Myers is leading Phoenix Tailings as it expands its operations and continues to develop cutting-edge technologies to sustainably extract rare earth metals. His work has significant implications for technological and environmental landscapes by reducing reliance on environmentally harmful traditional mining practices. Myers' influence extends beyond his company; he serves as a thought leader in the industry, advocating for policies and practices that support sustainable resource management.

Phoenix Tailings Funding

Phoenix Tailings has been successful in raising substantial capital through various funding rounds to support its growth.

Phoenix Tailings has raised over $65.1 million in funding, including a recent $43 million Series B round in December 2024.
Key investors include BMW Group, Yamaha Motor Ventures, and venture capital funds such as Envisioning Partners and Escape Velocity.

Conclusion

Nicholas Myers is a visionary leader making a significant impact in the field of sustainable metals production. Through his leadership at Phoenix Tailings, he has championed innovative solutions that address critical environmental challenges while promoting the ethical extraction of essential metals. His continued focus on sustainable practices not only bolsters the U.S. rare earth supply chain but also serves as a model for future technological advancements in the mining and manufacturing industries.