Cyclic Materials™ is building a resilient circular supply chain for rare earth elements and other critical materials. Through proprietary MagCycle™ and REEPure™ processes, we recover rare earths from end‑of‑life products and transform them into high‑purity materials used in the production of permanent magnets. These materials are essential to the modern economy, supporting electric vehicles, electronics, AI infrastructure, wind turbines, defense, and advanced manufacturing technologies.
Founded in 2021, Cyclic Materials has rapidly progressed from technology development to commercialization, operating facilities in Ontario and Arizona and expanding into South Carolina. We are supported by a $75 million Series C financing round led by T. Rowe Price, and strategic investors including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover’s InMotion fund, Energy Impact Partners, ArcTern Ventures, and Fifth Wall.