Cyclic Materials Inc.

$1,000,451.55 CAD

≈ 13 Canadians' average pay for a year
Department
National Research Council Canada
Program
Industrial Research Assistance Program – Clean Technology
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
March 4, 2025 – July 31, 2025
Reference
nrc-cnrc:172-2024-2025-Q4-1029052

Published purpose

Cyclic Materials has developed a sustainable and scalable recycling technology that recovers rare earth magnets and circulates their valuable critical materials back into the economy, providing a domestic source to the fragile supply chain of these critical minerals. Cyclic Materials is helping the world transition to a more environmentally responsible future by helping businesses recycle, provide the market with a secure and regional supply of critical metals, and do so in an ethical, economic, and sustainable way.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions