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Cyclic Materials to establish rare earth recycling operation in Ontario

Operation to produce material for magnets in EV motors, electronics
Toronto company Cyclic Materials is spending US$25 million to open a rare earth recycling facility east of the city.  (Cyclin Materials)
Toronto company Cyclic Materials is spending US$25 million to open a rare earth recycling facility east of the city. (Cyclin Materials)

Canadian company Cyclic Materials is set to spend 25 million U.S. dollars to establish a rare earth recycling operation in Kingston, Ontario, about 250 kilometres from Toronto.

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