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ERI, Cyclic Materials Ink Deal to Recycle US Rare Earths

By Electrek · Summarized & edited by · 2026-07-21
ERI, Cyclic Materials Ink Deal to Recycle US Rare Earths

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Why it matters: Rare earth magnets are essential to EV motors and wind turbines, and most US supply currently comes from abroad. By converting more than 1 million pounds of daily e-waste into a domestic rare-earth feedstock stream — backed by Cyclic's 25,000-metric-tonne Arizona processing capacity — the deal offers manufacturers a near-term alternative to imported materials, though no timeline has been set for when the recycled supply actually enters the market.

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