ERI Invests in Cyclic Materials to Secure Rare Earth Supply Chain
Event summary
- ERI has become a strategic investor in Cyclic Materials, a leading advanced recycling company specializing in rare earth elements.
- The investment expands a partnership announced in July 2026, combining ERI’s global collection network with Cyclic’s proprietary rare earth recovery technologies.
- ERI recycles over one million pounds of electronic waste daily, providing rare earth-bearing feedstock exclusively to Cyclic for processing.
- Cyclic Materials recently completed a $75 million financing round, bringing total equity funding to $237 million.
The big picture
ERI’s investment in Cyclic Materials underscores the growing strategic importance of securing domestic supplies of rare earth elements, which are critical for industries ranging from AI and semiconductors to defense and automotive. The partnership aims to create a scalable pathway for recovering rare earth elements from end-of-life products, addressing geopolitical risks and supply chain vulnerabilities. With Cyclic’s recent $75 million financing round, the collaboration is poised to accelerate the deployment of advanced recycling infrastructure across the United States.
What we're watching
- Supply Chain Resilience
- How the partnership will affect domestic production capacity for rare earths and critical minerals.
- Technological Integration
- Whether Cyclic’s MagCycle and REEPure technologies can scale efficiently with ERI’s global collection network.
- Market Impact
- The pace at which the circular supply chain for rare earths will reduce dependency on foreign sources.
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