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Office Of Strategic Capital

All articles tagged with #office of strategic capital

defense2 months ago•12 min saved

US Defense Dept. Backing $725M Loan to Onshore Rare Earth Processing for Energy Fuels

The Department of War’s Office of Strategic Capital announced a $725 million conditional loan commitment with Energy Fuels, Inc. to scale domestic rare earth processing and midstream metallization, expanding a U.S.-based facility (White Mesa Mill) to bolster the nation’s onshore supply chain for rare earths; the loan is contingent on standard due diligence, with OSC already mobilizing billions in debt financing to bolster the American industrial base and national security.

via U.S. Department of War (.gov)|

#defense #energy-fuels #office-of-strategic-capital

business2 months ago•12 min saved

OSC backs Phoenix Tailings with $500M loan to boost US rare earths

The U.S. Department of War’s Office of Strategic Capital announced a $500 million conditional loan commitment with Phoenix Tailings, Inc. to scale domestic processing of rare earth elements, aiming to mobilize about $1 billion with private capital for expanding existing facilities and building a new U.S.-based rare earth separation and metallization facility, strengthening the mine‑to‑magnet supply chain and national defense industrial base; the loan will close after standard due diligence and other conditions are met.

via U.S. Department of War (.gov)|

#business #defense-industrial-base #domestic-supply-chain

defense-and-industry1 year ago•1 min saved

MP Materials Gains Momentum with Record Revenue and Strategic Growth

The Office of Strategic Capital has issued its first direct loan of $150 million to MP Materials to enhance heavy rare earth separation capabilities, part of a broader effort to strengthen the U.S. critical minerals supply chain and industrial base, funded by legislation signed into law in July 2025.

via U.S. Department of Defense (.gov)|

#critical-minerals #defense-and-industry #dod