PHOENIX – A Canada-based company that recycles rare earth elements from cars, electronics and other technology is opening its first U.S. location in Mesa.
Cyclic Materials will open a $20 million recycling facility in the East Valley city.
“We are excited to begin commercial operations in the U.S. in early 2026,” Cyclic Materials CEO Ahmad Ghahreman said in press release Wednesday.
Cyclic Materials to extract valuable magnets from cars, electronics, more
The company’s announcement said there is an estimated 155,000 tons of these components that come from automotive and e-scrap metals each year in the southwest U.S.
The Arizona facility will process around 25,000 tons of obsolete, unrecovered products that contain magnets each year.
“We have chosen the vibrant Southwest for our first U.S. and global site to be close to feedstock that will support our mission to address the global supply-demand imbalance for rare earth materials,” Ghahreman said. “By developing circular supply chains, we can reduce dependence on overseas sources and secure a more stable REE supply for the future.”
When will Cyclic Materials start hiring for Mesa recycling facility?
The Mesa facility is bringing 30 new jobs to the East Valley. The company will begin its hiring process before the end of June.
“We are proud Cyclic Materials will establish its first U.S. facility right here in Arizona,” Gov. Katie Hobbs said in a press release.
“This facility will create family-sustaining jobs and support thriving industries, all while advancing Arizona’s clean energy economy.”
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