Arnold Magnetic Technologies, a global manufacturer of high-performance magnets and more for mission critical applications, has announced its partnership with Cyclic Materials, a pioneer in developing more sustainable domestic supply chains for rare earth elements. […]
Creating a Circular Supply Chain for Rare Earth Elements and Critical Materials
Cyclic Materials, a Canadian advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The money is flowing in quickly after accomplishing its first production run of rare earth magnetic material and forging a string of partnerships with magnetics industry notables. These include chemicals giant Solvay which is planning to build a major rare earths magnet operation in Europe, and Arnold Magnetic Technologies (see related article), among others. […]
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