Cyclic Materials Invests $25M in Rare Earth Recycling Hub and R&D Centre in Ontario

 Cyclic Materials

Kingston Centre of Excellence to Anchor North American Magnet Supply Chain

Cyclic Materials has announced a $25 million investment to launch its flagship Centre of Excellence in Kingston, Ontario—a 140,000-square-foot facility that will serve as North America’s first integrated rare earth recycling hub and innovation center. The facility combines commercial-scale processing with advanced R&D to support the rapidly growing demand for permanent magnets used in EVs, wind turbines, and electronics.

CEO Ahmad Ghahreman described the center as the company’s “industrial and innovation backbone,” designed to advance Cyclic’s mission of securing critical minerals through circular innovation. The Kingston site is expected to generate 45 new skilled jobs, with 20 employees already hired ahead of its Q1 2026 operational launch.

From Magnet Scrap to rMREO: Scaling Circular Innovation

The Kingston hub will process 500 metric tons of magnet-rich feedstock annually, using Cyclic’s proprietary REEPure™ technology. This process converts end-of-life products and manufacturing scrap into recycled mixed rare earth oxide (rMREO)—containing high-demand elements like neodymium, praseodymium, terbium, and dysprosium.

Feedstock will be sourced from Cyclic’s U.S.-based spoke in Mesa, Arizona, along with a growing network of scrap suppliers and magnet producers. The facility will also house pilot-scale R&D infrastructure, including a mini-spoke line, labs, and technology development platforms to support process refinement and commercialization.

The output will supply downstream magnet producers, including Solvay, with whom Cyclic signed a 2024 offtake agreement. This marks a key milestone in building a secure, secondary source of rare earths outside of China’s dominant supply chain.

Strategic Ecosystem in Kingston and National Backing

Kingston is home to Cyclic’s demonstration plant and a robust cleantech ecosystem. The company is leveraging partnerships with Queen’s University, Kingston Process Metallurgy, RXN Hub, and Impact Chemistry to scale its operations.

Federal support comes from national programs such as Natural Resources Canada’s CMRDD, Sustainable Development Technology Canada, and the National Research Council’s IRAP initiative. According to the Kingston Economic Development Corp, the project showcases the region’s talent base and readiness to lead in Canada’s circular critical minerals economy.

ScrapInsight Editorial Commentary

Cyclic’s investment in a hybrid processing-R&D hub is a model for rare earth sustainability. As geopolitical risks and supply chain dependencies intensify, scalable recycling technologies like REEPure™ will play a pivotal role. Canada’s ability to lead in circular critical materials will depend on coordinated innovation, procurement incentives, and transnational partnerships.