Business & Finance
Cyclic Materials opens commercial rare earth magnet recycling facility in Arizona
Electrek reports that the Mesa plant can process up to 25,000 metric tons of magnet-bearing scrap annually.
The short version
- Cyclic Materials launched its first commercial-scale rare earth magnet recycling facility in Mesa, Arizona.[Electrek]
- The plant can process up to 25,000 metric tons of magnet-bearing scrap annually, with over 7,000 metric tons already received.[Electrek]
- Initial commercial shipments to domestic customers are projected to begin later this month.[Electrek]
- The company is simultaneously developing another recycling site in South Carolina planned for 2028.[Electrek]
Key facts
- Cyclic Materials opened its first commercial-scale rare earth magnet recycling facility in Mesa, Arizona, seventeen months after announcing the project.[Electrek]
- The Arizona plant is designed to handle up to 25,000 metric tons of magnet-bearing end-of-life products each year.[Electrek]
- More than 7,000 metric tons of feedstock have arrived at the facility, with initial commercial deliveries expected later this month.[Electrek]
- Cyclic Materials is also constructing a recycling campus in South Carolina scheduled to launch in 2028.[Electrek]
What remains uncertain
- Cyclic Materials projects that worldwide demand for rare earth elements will triple by 2035, though actual growth depends on broader market adoption.[Electrek]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.