Cyclic Materials appoints Klaus Kleinfeld to board
He is former CEO of Siemens and Alcoa and will support Cyclic's global expansion to scale rare earth recycling and resilient supply chains.
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Rare earth elements recycling company
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In short: Cyclic Materials secured $75M in Series C funding and expanded its North American recycling footprint with new facilities in Arizona and South Carolina.
He is former CEO of Siemens and Alcoa and will support Cyclic's global expansion to scale rare earth recycling and resilient supply chains.
The Mesa, AZ plant will process up to 25,000 tonnes of end-of-life products into rare earth oxides, copper, aluminum and other recycled materials.
The award from German Energy Agency recognizes their efforts in scaling rare earths recycling solutions. They commit to advancing REE infrastructure.
The funding accelerates development of rare earth elements recycling technologies to strengthen Canada's critical minerals supply chain. Announced at PDAC 2026 by Minister Tim Hodgson.
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