
Cyclic Materials
Cyclic Materials is an advanced metals recycling company dedicated to recovering rare earth elements from difficult-to-recycle products like electric vehicle motors and hard drives.
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Cyclic Materials is a Canadian cleantech startup focused on providing a sustainable solution for the global need for rare earth elements (REEs). The company has developed innovative recycling processes, Mag-Xtract™ and REEPure™, that can effectively recover REEs from end-of-life products, such as electric vehicle motors, wind turbine generators, and MRI machines. This technology allows for the creation of a domestic supply chain for REEs, reducing reliance on imports and minimizing environmental impact compared to mining new materials.
Cyclic Materials is committed to tackling the challenges of the energy transition by providing a more responsible way to source critical materials. Their work has earned them recognition as an Early Stage Company of the Year by Cleantech Group and a spot on the Global Cleantech 100 list. The company has secured significant funding, including investments from BMW i Ventures and Energy Impact Partners, demonstrating the strong belief in their potential to disrupt the rare earth market and contribute to a greener future.
Mission
Cyclic Materials is committed to creating a circular economy for rare earth elements, critical to modern technologies like electric vehicles and wind turbines. They aim to recover these essential metals from end-of-life products, reducing reliance on mining and minimizing environmental impact. By establishing a sustainable domestic supply chain, they aim to address the growing demand for these materials while promoting responsible resource management and reducing carbon emissions.
Culture
Cyclic Materials fosters a culture of innovation and collaboration, dedicated to creating a sustainable future by revolutionizing the rare earth element recycling industry. Their team comprises highly motivated individuals with diverse skill sets, united by a shared commitment to environmental responsibility and technological advancement. This collaborative environment encourages open communication, knowledge sharing, and a willingness to push boundaries, creating a dynamic workplace that attracts talented individuals who are passionate about making a positive impact on the world.
DE&I
Cyclic Materials prioritizes diversity, equity, and inclusion as fundamental to its success and mission. The company actively seeks to build a workforce that reflects the diverse communities it serves and fosters a culture of respect, belonging, and opportunity for all. By promoting equitable hiring practices, inclusive leadership development, and ongoing education, Cyclic Materials strives to create a workplace where every employee feels valued, empowered, and able to contribute their unique talents to achieve the company's ambitious goals.
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