Cyclic Materials to open new recycling centre in Ontario

Cyclic Materials has announced a $25 million investment to open a centre of excellence for rare earth recycling in North America in Kingston, Ontario. Production is planned to kick off in early 2026.

Image: Cyclic Materials

The new facility is planned to cover an area of over 140,000 square feet, and is planned to serve as “Cyclic’s industrial and innovation backbone.” The facility is planned to combine both full-scale commercial processing capacities, as well as cutting-edge R&D, to focus on the recovery of rare earth elements for use in permanent magnets.

Kingston will house Cyclic’s first commercial ‘Hub’ processing unit, which is to help leverage Cyclic’s proprietary REEPure technology. It can convert up to 500 tonnes of magnet-rich feedstock per year into recycled Mixed Rare Earth Oxide (rMREO). This contains important rare earth materials such as Neodymium, Praseodymium, Terbium, and Dysprosium, which can then be used for EV motors, wind turbines, and consumer electronics, as Cyclic Materials writes.

Cyclic Materials plans to open the new facility in the first quarter of 2026, and will supply existing customers, such as Solvay, which signed a deal with Cyclic Materials in 2024. The facility is expected to create over 45 highly qualified jobs, for which 20 positions have already been filled.

“With this Centre of Excellence, we’re advancing our core mission: to secure the most critical elements of the energy transition through circular innovation,” said Ahmad Ghahreman, CEO of Cyclic Materials. “Kingston is where Cyclic began—and now it’s where we’re anchoring our commercial future.”

This is not the only facility that Cyclic Materials operates in the USA, and the company recently invested $20 million in a recycling facility in Mesa, Arizona. At the beginning of the year, Cyclic also gained a rather prominent investor in JLR.

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