Leading the charge in 
critical material recovery

At Cyclic Materials, we are rethinking the way critical materials are sourced and reused. Our mission is to create a circular supply chain that keeps valuable resources like rare earths in circulation, strengthening industrial supply chains and ensuring a robust manufacturing ecosystem.

Recovering rare earth elements from end-of-life products

Cyclic Materials is building a resilient, circular supply chain for rare earth elements (REEs) and other critical minerals by recycling magnet-containing end-of-life products.

Using our proprietary MagCycle® and REEPure℠ technologies, we recover rare earth magnets and transform them into high-purity recycled Mixed Rare Earth oxides (MREOs), creating a domestic source of REEs and other critical materials.

Rare earth elements powering modern technology

Our recycling process primarily recovers four of the most critical rare earths used in permanent magnets: Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb). These REEs are essential for automotive components, data centers, robotics, drones, defense, medical devices, electronics, energy infrastructure, and other advanced technologies.

Why rare earth recycling matters

By recovering valuable materials already in circulation through urban mining, Cyclic Materials creates a faster, domestic source of Rare Earth Elements that complements traditional mining.

3
x
Demand set to triple by 2035
Demand for rare earth elements is projected to grow from 59 kilotons in 2022 to 176 kilotons by 2035
>
90
%
Global REE processing concentrated in one country
Over 90% of the global rare earths processing is controlled by China, creating geopolitical and supply chain risks.
<
1
%
of REEs are recycled
Less than 1% of rare earth elements are currently recycled globally. Cyclic Materials helps change that by recovering high-purity rare earths from end-of-life products.

From vision to
reality: our growth

Cyclic Materials was founded on the belief that a circular supply chain is essential for a resilient future for our economy. In just a few short years, we have scaled our technology from the pilot stage to commercial reality, built a global network of partners, and built a stronger future for rare earth supply chains.

2021
2021
2021

Cyclic Materials Founded

Launched following seed funding to develop innovative rare earth recycling technologies and build a circular supply chain.

2022
2022
2022

Core Processes Proven

MagCycle℠ and REEPure℠ validated at bench scale; REEPure℠ pilot completes first rMREO production run with 10 t/year continuous capacity.

2023
2023
2023

Funding Secured, Facilities Scaled

Raised $27M USD from SDTC and closed oversubscribed Series A; launched MagCycle℠ pilot (8,000 t/year) and proved REEPure℠ co-product processes at pilot scale.

2024
2024
2024

Commercial Launch & Global Momentum

Launched REEPure℠ commercial demonstration facility in Kingston, ON (100 t/year), piloted CC360℠, closed $53M Series B, and shipped first multi-tonne batch of recycled MREO.

2025
2025
2025

Scaling Operations & Certifications

Cyclic Materials reaches certification on ISO 9001, ISO 14001, ISO 45001 and R2 for its Kingston sites.

Cyclic Materials announces investment for its first US Spoke in Arizona, and Centre of Excellence in Kingston.

2026
2026
2026

Commercial Operations

Cyclic Materials' commercial scale infrastructure starts operations. Cyclic Materials secures $75M USD in Series C funding.


Cyclic Materials to expand U.S. rare earth recycling footprint with new South Carolina campus.

2021
2022
2023
2024
2025
2026

What our partners are saying

Cyclic Materials is leading the way in creating a sustainable supply chain for rare earth elements and critical materials. Their innovative technologies address a vital need for rare earth magnets recycling, supporting the automotive industry's transition toward a cleaner and more resilient future.
Mike Smeed
Managing Director | InMotion Ventures

Expertise that fuels a circular economy

At Cyclic Materials, our team is united by a shared mission to transform how critical materials are recycled and reused. We foster a culture of collaboration, innovation, and empowering our team to make a meaningful impact. Our team brings deep expertise and experience across materials science, engineering, and industrial growth. Together, we are shaping the future of critical material recycling, the resiliency of rare earth supply chains, and a more resource-efficient global economy.

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Recycle with us

Help keep critical materials in circulation

Reduce waste through our innovative recycling solutions.

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Let’s build a circular future together

Explore opportunities to collaborate for lasting impact.

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