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Category: Waste

Cyclic Materials to build major U.S. commercial magnet recycling site

Tyler Choi Waste Cyclic Materials Toronto / GTA May. 6 2025

Toronto-based recycling company Cyclic Materials has chosen Mesa, Ariz. to house its first commercial-scale facility, where it will invest over US$20 million to separate valuable rare earth metals from magnets inside electronics.

Li-Cycle CEO stepping down, as company seeks buyers

Tyler Choi Waste Li-Cycle Toronto / GTA May. 1 2025

UPDATED: Li-Cycle Holdings Corp.’s CEO and president Ajay Kochhar has stepped down from the board of directors, and will also leave his roles as president and CEO as the company seeks buyers for its business or assets.

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