Cyclic Materials raised $75 million in strategic financing, bringing total equity funding to $237 million, to accelerate deployment of its rare-earth recycling campus and expand recycling infrastructure in South Carolina and Arizona—advancing circular supply chains for domestic rare-earth production.
Cyclic Materials Inc. (Kingston, Ontario, Canada), a company building rare earth production infrastructure through circular supply chains, has announced the completion of a US$75 million strategic financing round, reflecting expanded commitments from existing investors and bringing total equity funding to US$237 million. The capital will accelerate deployment of Cyclic Materials’ rare earth recycling campus in […]
The post Cyclic Materials to expand rare-earth recycling infrastructure in South Carolina and Arizona appeared first on Chemical Engineering.
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