Cyclic Materials opens 25,000 t/yr magnet-recovery plant in Mesa, Arizona

Cyclic Materials/Hub-and-spoke magnet recycling

Cyclic opened its first US plant, a US$20 million, 144,000 sq ft facility in Mesa that can take up to 25,000 tonnes of scrap a year. Its MagCycle line separates magnets from steel to make Mag-Xtract, which is shipped to chemical plants to be refined into rare-earth oxides. More than 7,000 tonnes of scrap had already been delivered.

• Capacity: up to 25,000 t/yr of scrap; over 30 jobs.
• Executives call it the largest rare-earth magnet recycling operation by annual processing capacity.
• Feed includes discarded electronics, robotics and medical devices.