Technology

Full circleCyclic Materials has quickly grown over the last few years, establishing itself as a key player in rare earth element recycling

Cyclic Materials has quickly grown over the last few years, establishing itself as a key player in rare earth element recycling

By Ashley Fish-Robertson

June 21, 2024

Cyclic Materials’ Mag-Xtract technology isolates magnets from recycled end-of-life products. Courtesy of Cyclic Materials

Cyclic Materials, a Kingston, Ontario-based startup co-founded in 2021 by Ahmad Ghahreman and Patrick Nee, plans to address Canada’s expected critical minerals shortage by becoming the first company of its kind to create a true circular supply chain for rare earth elements (REE).

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