Cyclic Materials
Creating a Circular Supply Chain for Rare Earth Elements
54 employees · est. 2021 · Toronto, Canada
MP Materials
Restoring the rare earth supply chain in America. Materials in California. Magnets in Texas. HQ in Las Vegas.
429 employees · est. 2017 · Las Vegas, United States
MP Materials is the older company (2021 vs 2017); MP Materials is the larger of the two.
Side-by-Side Comparison
| Metric | Cyclic Materials | MP Materials |
|---|---|---|
| Founded | ||
| Founded | 2021 | 2017 older |
| Headquarters | ||
| Headquarters | Toronto, Canada | Las Vegas, United States |
| Employees | ||
| Employees | 54 | 429 larger |
| Industry | ||
| Industry | Industrial, Sustainability | Industrial, Sustainability |
| Funding Stage | ||
| Funding Stage | Series Unknown | Corporate |
| Total Funding | ||
| Total Funding | $30.60M | $1.41B |
| Funding Rounds | ||
| Funding Rounds | 3 | 6 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Circular Supply Chain, Rare Earth Elements, Cyclic Materials, Recycling Services, Electric Mobility, Cleaner Energy, Wind Turbines, Electric Vehicles, Electronics, CO2 Emissions, Clean Technology, Permanent Magnets, Neo Magnets, Copper, Boron | Rare Earth Materials, Rare Earth Mining, Magnetics Manufacturing, Industrial Manufacturing, Electric Vehicles, Supply Chain Restoration, Resource Extraction, Materials Processing, Sustainable Practices, Environmental Commitment |
| Website | ||
| Website | cyclicmaterials.earth | mpmaterials.com |
About Cyclic Materials
Cyclic Materials is a Canadian startup founded in 2021 with the aim of "Creating a Circular Supply Chain for Rare Earth Elements." The company's slogan encapsulates its mission to help businesses recycle and provide the market with a secure and local supply of critical metals, all in an ethical, eco...
About MP Materials
MP Materials is a company focused on restoring the rare earth supply chain in America. Their mission is to bring back the rare earth industry to the U.S. from end-to-end. The company, founded in 2014, is headquartered in Las Vegas and operates the Mountain Pass, America's only scaled rare earth mini...
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Funding, hiring, leadership and stack changes at Cyclic Materials and MP Materials — by email.
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Compiled from the BounceWatch company index. We last looked at Cyclic Materials on 11 Sep 2024, and MP Materials on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.