TORONTO–(BUSINESS WIRE)–Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over USD $20M in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global REE recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle℠