Cyclic Materials and SYNETIQ Sign Agreement To Recycle Rare Earth Elements from Vehicle Motors

TORONTO -- Cyclic Materials, an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, has announced the signing of a collaboration agreement for the recycling of electric motors containing rare earths with SYNETIQ, an IAA company and the U.K.’s leading integrated vehicle salvage and recycling company. The motors to be supplied by SYNETIQ include drive motors in hybrid and electric vehicles, as well as auxiliary motors present in all vehicles. Read More