Full profile interview: Company Financials
21 Nov 2025

USA Rare Earth
Full profile interview: IDTechEx Index
18 Nov 2025

Neo Magnequench (Neo Performance Materials)
Update: Partners
17 Nov 2025

Vacuumschmelze
Cyclic Materials is a rare earth magnet recycler founded in 2021 and based in Ontario, Canada. Cyclic Materials recovers rare earth oxides from end-of-life magnets using patented Mag-Cycle℠ and REEPure℠ technologies - a hydrometallurgical extraction process. Rare earth magnets are sourced from manufacturing scrap (swarf), EV rotors, wind turbine generators, and electronics waste.
Update
14 Nov 2025

Noveon Magnetics
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler and magnet manufacturer based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets. In 2025, Noveon Magnetics has announced several partnerships and production capacity expansions. This update summarizes its latest developments.
Included are:
Full profile interview: Company Financials
23 Jun 2025

Garner Products
Full profile interview: Company financials
5 Apr 2025

Ionic Rare Earths
Background: Company financials
22 Nov 2024

ReElement Technologies
Update interview: SWOT analysis
26 Jul 2024

Ionic Technologies
Full profile interview: Competitors
10 May 2024

HyProMag Ltd
Noveon Magnetics are based in Texas, US, and provide short-loop rare-earth magnet recycling using a patented powder metallurgy process.
Background: Company financials
7 May 2024

Australian Strategic Materials Ltd (ASM)
Full profile interview
3 May 2024

Noveon Magnetics
Founded in 2012, Noveon Magnetics are a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics use a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets. IDTechEx spoke with Chief Technical Officer and Co-founder, Dr Miha Zakotnik.
Included are:
Full profile interview: SWOT
19 Apr 2024

Carester (Caremag)