SBIR-involved as MVM Industrial - renamed Phoenix Tailings - the firm is a metals refinement company extracting value from waste in the mining industry called Bauxite Residue ('Red Mud"â). Principals of the firm bring to the table an unusual blend of hard sciences â ferrous and non-ferrous metallurgy, powder metallurgy, pyro and hydrometallurgy. With billion of tons produced per year. mining waste poses massive challenges for mines and refining facilities. All over the world, these waste products are stored in massive hazardous landfills -- "Tailings Ponds - creating not only a major cost item but posing an enormous liability if/when a pond spills. Phoenix Tailings is structured around changing how new primary metals are created by sustainably and economically harvesting value from these Tailings Po