Canada Invests Millions into Critical Minerals Recycling Technologies

Canada is investing C$8.4 million in critical minerals recycling technology at two companies in Kingston, Ontario, which will support the electric vehicle supply chain.

Cyclic Materials (CM) will receive C$4.9 million and Green Graphite Technologies (GGT) will receive C$3.5 million. CM will build a demonstration plant to produce high-purity rare earth oxide and a cobalt-nickel hydroxide product from recycling materials. While GGT will advance its GraphRenew technology to transform used graphite into a material that can be reused.

“New technologies will help address gaps in our world-leading supply chain, seize the economic opportunity presented to us, keep Canadian industry competitive in a rapidly evolving global context, and create jobs — now and for future generations. This is important news for Kingston, and beyond,” said Minister of Energy and Natural Resources Hon. Jonathan Wilkinson.

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