Cyclic Materials

Cyclic Materials Announces USD $75 Million Strategic Growth Financing to Scale U.S Rare Earth Production

Cyclic Materials, the company building rare earth production infrastructure through circular supply chains, today announced the completion of a USD $75 million strategic financing round, reflecting expanded commitments from existing investors and bringing total equity funding to USD $237 million. The capital will accelerate deployment of Cyclic Materials' rare earth recycling campus in South Carolina and expansion of its Hub-and-Spoke infrastructure across the United States, increasing domestic production capacity for rare earths and critical minerals used across the AI, semiconductor, robotics, defense, automotive, medical, and other advanced manufacturing sectors.