Recycling rare earth elements and critical minerals
Cyclic Materials recovers rare earths from end-of-life products, building a secure and circular supply chain for materials that are critical to the global economy.
The case for recycling end-of-life materials
Rare earth elements (REEs) are essential to the manufacturing of countless products that power our modern economy, and the demand for REE is set to grow sharply in the coming decade, increasing pressure on already concentrated supply chains.
By recovering REEs from end-of-life products, we can drastically reduce the reliance on current mining and processing infrastructure, build a more resilient supply chain for rare earths through “urban mining”. By closing the loop, we can secure the materials we need by creating a circular supply that mitigates the resource intensity and timeline challenges from traditional mining for new supply.
The Cyclic process:
from waste to resource
Feedstock Sourcing
Cyclic Materials' technology recovers rare earths from permanent magnets found in end-of-life products from a wide range of sources, including AI & data centers, hard disk drives, robotics, drones, defense, automotive components, medical devices, electronics, energy infrastructure, and more.
Magnet Separation
End-of-life products are processed through Cyclic Materials' proprietary MagCycle® technology. MagCycle® is a mechanical process that separates rare earth magnet materials from the rest of the product without manual intervention.
Through this process, we produce Mag-Xtract™ rare earth magnet concentrate, while also recovering copper, aluminum, and clean ferrous materials for direct reintegration into the circular supply chain.
Rare Earth Separation
Using Cyclic Materials' proprietary hydrometallurgical refining processes, we recover mixed rare earth oxides (MREOs) from Mag-Xtract™ and magnet production waste.
Solvent extraction technology then separates the MREOs into high-purity rare earth oxides, including neodymium-praseodymium (NdPr), samarium (Sm), gadolinium (Gd), terbium (Tb), and dysprosium (Dy).
Rare Earth Metallization
High-purity rare earth oxides are converted into rare earth metals through our the metallization process, providing the metallic form required for alloy production and permanent magnet manufacturing. The resulting rare earth metals include neodymium-praseodymium (NdPr), samarium (Sm), gadolinium (Gd), terbium (Tb), and dysprosium (Dy).
Supply Chain Reintegration
Recovered rare earth metals are supplied to alloy producers and magnet manufacturers, where they are transformed into new magnets for use across industries such as AI, automotive, robotics, and electronics. This closed-loop process supports a resilient, domestic rare earth supply chain while reducing reliance on newly mined materials.
Through strategic partnerships, Cyclic Materials also offers industry-leading Digital Product Passports, enabling traceability and regulatory compliance across the value chain.
Real impact, real change
Trusted by industry leaders
Proud to be backed by top-tier investors who support our mission to build a reliable and responsible supply chain for critical materials.
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Careers at Cyclic Materials
Join a team shaping the future of REE recycling. We’re looking for passionate individuals who want to make a real impact.
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