Cyclic Materials has announced a US$25-million investment to develop a 140,000-square-foot facility in Kingston, Ont. that will host a commercial-scale magnet recycling unit and research and development labs focused on rare earth metals recycling.
Toronto-based recycling company Cyclic Materials has chosen Mesa, Ariz. to house its first commercial-scale facility, where it will invest over US$20 million to separate valuable rare earth metals from magnets inside electronics.
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