Cyclic Materials Inc.: federal grants and contributions

Updated 12 October 2026 · Toronto|Toronto, ON · grants and contributions register · Spadina–Fort York

Cyclic Materials Inc.: federal grants and contributions: 4 agreements; $10.9M value; 3 departments; 4 programs.

Assay record ASY-CA-0BDAFHS0QM · Cite as: Assay Systems, “Cyclic Materials Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/cyclic-materials-inc/

$
4agreements
$10.9Mvalue
3departments
4programs

Largest agreements

1019177$5.0Mvalue2025start2028end

To scale operations and establish a Centre of Excellence for rare earth elements recycling in Kingston, Ontario.

KINGSTON DEMONSTRATION PLANT-EXTENDED OPERATIONS$4.9Mvalue2024start2026end

The purpose of this agreement is to support the development of Canadian critical minerals value chains.

Cyclic Materials Hydrometallurgy Demonstration Plant$1.0Mvalue2025start2025end

Cyclic Materials has developed a sustainable and scalable recycling technology that recovers rare earth magnets and circulates their valuable critical materials back into the economy, providing a domestic source to the fragile supply chain of these critical minerals. Cyclic Materials is helping the world transition to a more environmentally responsible future by helping businesses recycle, provide the market with a secure and regional supply of critical metals, and do so in an ethical, economic, and sustainable way.

Hub-100 chemical process optimization$35.9Kvalue2024start2025end

Improve the recovery of mixed rare earth oxides in the Hub100 demonstration plant while meeting the technical specifications of the permanent magnet producing industry.

Departments

Federal Economic Development Agency for Southern Ontario1agreements$5.0Mvalue1programs
Natural Resources Canada1agreements$4.9Mvalue1programs
  • Critical Mineral Research, Development and Demonstration Program

All grants from Natural Resources Canada

National Research Council Canada2agreements$1.0Mvalue2programs
  • Industrial Research Assistance Program – Clean Technology
  • Industrial Research Assistance Program – Contributions to Firms

All grants from National Research Council Canada

Years

20252agreements$6.0Mvalue2programs
  • Business Scale-up and Productivity (BSUP)
  • Industrial Research Assistance Program – Clean Technology
20242agreements$4.9Mvalue2programs
  • Critical Mineral Research, Development and Demonstration Program
  • Industrial Research Assistance Program – Contributions to Firms

Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.