Cyclic Materials to open North America’s first commercial rare earth recycling centre with $25M investment
Published Online: June 11, 2025
Written by: Stephanie Bontorin
"Cyclic Materials will make a USD 25 million investment to launch North America's first Centre of Excellence for rare earth recycling in Kingston, Ontario, which will also create 45 new skilled jobs in the region.
Spanning over 140,000 square feet, the new facility will serve as Cyclic's industrial and innovation backbone, combining full-scale commercial processing and R&D to address one of the world's most pressing supply chain challenges: the resilient sourcing of rare earth elements for use in permanent magnets. ..."