"In Kingston Ont., Cyclic Materials Inc. was born when Ahmad Ghahreman, a professor at Queen’s University’s mining department, struck on the recycling idea and took a leave of absence to start the company.

Ghahreman said that though most rare earths magnets end up in landfills, a small percentage are recycled. But he said the process involves burning products to separate out the metals, an inefficient method that can release its own emissions, counteracting any of the hoped-for environmental benefits of recycling."

Read more in The Financial Post