Cyclic Materials Invests $20mn in REE Recycling Facility

Cyclic Materials

Canada-based recycler expands rare earth recovery efforts with new Arizona plant to boost North American REE supply chain

Building a U.S. Rare Earth Recycling Hub

Cyclic Materials has committed $20mn to a new REE recycling facility in Mesa, Arizona. The investment marks a pivotal step in scaling rare earth element (REE) recovery from end-of-life components. The new plant will target waste streams from vehicles, electronics, and industrial devices. It will help process 155,000 metric tonnes annually across the U.S. Southwest.

Rare Earth Supply Chain Independence

The Mesa facility reinforces the company’s REE recycling strategy. Cyclic Materials aims to reduce reliance on foreign rare earth supplies, especially from China. CEO Ahmad Ghahreman emphasized the importance of circular supply chains for stable and sustainable access to critical materials. The company recovers REEs from EV motors, MRI equipment, wind turbines, and data centers.

Strategic Partnerships and Market Outlook

Cyclic Materials collaborates with major players like Solvay, Vattenfall, Synetiq, and Vacuumschmelze. These partnerships enhance its ability to extract permanent magnets from complex components. As a result, the project supports the U.S. ambition to localize clean tech materials and reduce REE import dependency.

The Metalnomist Commentary

Cyclic Materials’ $20mn investment signifies a long-term bet on REE recycling amid rising global demand for magnets used in EVs and wind energy. With strategic partnerships and domestic processing, this move strengthens North America's critical minerals security while aligning with decarbonization and supply chain goals.