The Elements of Innovation Discovered
The Elements of Innovation Discovered
Phoenix Tailings eyes overlooked value, sustainable solution Metal Tech News Weekly Edition – May 6, 2020
The tailing storage facility at Newmont's Peñasquito gold-silver mine in Mexico is roughly 2.5 miles long and in 2018, when this photo was taken, was nearly 280 feet tall. For size comparison, the Komatsu 930E haul truck circled in red is 24 feet tall and can haul 320 tons of ore or tailings.
Aptly named startup Phoenix Tailings seeks to transform a core concern within the mining sector, the waste materials from mining, into a profitable and sustainable new solution and market.
Founded in 2018, Boston-based Phoenix Tailings saw potential untapped value in the waste left behind by the refining of metals and decided to get into the business of mining this mine waste, which could revoluti...
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