Cyclic Materials has launched its first commercial-scale recycling facility in Mesa, Arizona. The plant is designed to process up to 25 000 metric tons of magnet-bearing waste annually using the company's proprietary MagCycle technology. This process recovers rare earth magnet concentrate, known as Mag-Xtract, alongside copper, aluminum, and steel.
The facility has already received over 7 000 metric tons of material for processing. Cyclic Materials expects to begin its first commercial shipments to customers in the United States later this month. The company previously signed a major agreement with the electronics recycler ERI in July to secure feedstock for its operations.
The plant aims to strengthen the domestic supply chain for rare earth elements, which are critical for electric vehicle motors, wind turbines, and other industrial hardware. According to the company, global demand for these materials is projected to triple by 2035, while current supply chains remain heavily concentrated in China.
The Mesa site was completed 17 months after its initial announcement. Looking ahead, Cyclic Materials is developing a second recycling campus in South Carolina. This new location is scheduled to open in 2028 and will integrate both magnet recovery and rare earth refining processes at a single site.
