Cyclic Materials Opens America’s First Commercial-Scale Facility Delivering Automated Rare Earth Magnet Recovery

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Cyclic Materials Opens America's First Commercial-Scale Facility Delivering Automated Rare Earth Magnet RecoveryAuthor of the article:Leaders gather to mark the opening of Cyclic Materials' new facility in Mesa, Arizona. From left to right: Herbert Flores, Arizona Commerce Authority Vice President of Business Development; Scott Somers, City of Mesa Vice Mayor; Jeff Dawley, Cyclic Materials CFO; Mark Freeman, City of Mesa Mayor; Ahmad Ghahreman, Cyclic Materials Founder and CEO; William Kimmitt, U.S. Under Secretary of Commerce for International Trade; Matt Cherevaty, Cyclic Materials COO; Bill Ross, Cyclic Materials Director of Operations for Mesa, Arizona. Business WireThe Mesa, Arizona facility deploys Cyclic Materials’ proprietary technology to process up to 25,000 metric tons of magnet-bearing products annually, creating a new domestic source of rare earth elements and copper, aluminum and steel for direct reintegration into U.S. manufacturingTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountMESA, Ariz. — Cyclic Materials announced today the opening of its first commercial-scale rare earth magnet recycling facility in Mesa, Arizona, marking a major milestone in building domestic supply of rare earths and critical minerals. With an annual processing capacity of up to 25,000 metric tons of magnet-bearing end-of-life products, the facility produces Cyclic’s rare earth magnet material, Mag-Xtract™, and critical minerals such as copper and aluminum, and steel.The Mesa facility is the world’s first commercial-scale deployment of Cyclic Materials’ proprietary MagCycle® technology, delivering automated mechanical separation of magnets from end-of-life products, and serving as the front end of Cyclic Materials’ integrated rare earth recovery platform.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againCyclic Materials has built a strong commercial supply network across the U.S., securing significant volumes of magnet-bearing feedstock through long-term commercial partnerships. More than 7,000 metric tons have already been delivered to the Mesa facility, with substantially greater volumes secured across its growing supply pipeline. Commercial operation is now underway, with the first commercial shipments to U.S. customers expected later this month.Global demand for rare earth elements is projected to triple by 2035, driven by AI, automotive, robotics, electronics, energy, and defense applications. In addition, the rare earth supply chain remains highly geographically concentrated, leaving it vulnerable to geopolitical risks. Building infrastructure to recover rare earths from end-of-life products is one of the fastest routes to securing domestic supply. Cyclic Materials’ new facility was completed just 17 months after first being announced, demonstrating a repeatable deployment model to establish domestic capacity on an expeditious timeline.In a recent Presidential Determination, the Trump Administration recognized end-of-life rare earth permanent magnets as containing recoverable critical materials essential to national defense, explicitly addressing the need for domestic recovery and processing capacity. Cyclic’s Mesa facility directly addresses this U.S. priority by offering companies a domestic destination for magnet-bearing end-of-life products that might otherwise be exported as waste.“Rare-earth materials are essential inputs across some of the industries that matter most to America’s economic and national security, and President Trump has made strengthening critical-mineral supply chains a priority,” said William Kimmitt, Under Secretary of Commerce for International Trade at the U.S. Department of Commerce, who attended the grand opening of the Mesa facility. “Cyclic Materials’ opening is a great example of government working effectively with industry for the American people.”“This facility delivers new capacity for the U.S. to keep resource-rich products here and build domestic rare earth supply,” said Ahmad Ghahreman, CEO and Founder of Cyclic Materials. “Cyclic is quickly closing gaps in the domestic supply chain as we expedite our rare earth and critical mineral infrastructure development in the U.S. This means shaving months, if not years, off the delivery of the critical materials required to drive AI, energy, and defense sectors forward.”“Arizona is a national leader in critical minerals and innovative technologies powering the reshoring of American industries,” said ArizonaGovernor Katie Hobbs. “This facility will play a vital role in advancing Arizona’s clean energy economy and strengthening U.S. supply chain resiliency.”The Mesa facility is an important milestone in Cyclic Materials’ buildout of nationwide critical material recovery infrastructure. A new South Carolina rare earth recycling campus is in development, which will combine the company’s magnet recovery and rare earth refining platforms on a single site.Cyclic Materials is building a resilient supply chain for rare earth elements and other critical materials through the recycling of magnet-containing end-of-life products. The company recovers and refines high-purity recycled rare earth oxides that are returned to the manufacturing supply chain for new permanent magnets that are essential to automotive, AI, robotics, defense, electronics, energy, medical, industrial and other advanced technologies. With the successful opening of its Arizona facility, and acceleration of construction for its South Carolina facility, the company is delivering rare earth and critical materials at commercial scale and plans for continued expansion to create a secure domestic, circular supply of rare earths. Learn more about Cyclic Materials at cyclicmaterials.com.View source version on businesswire.com: Director, Marketing and CommunicationsThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.