What it sells
Rare earth recycling.
Business model breakdown
Buyer: who owns the budget?
UnverifiedAdvanced manufacturers buy recycled rare earth oxides; feedstock suppliers (e-scrap, magnet waste holders) supply material.
Trigger: what makes them buy now?
Rare earth supply concentrated overseas and pressure for secure, local supply.
Workflow: what inputs become what output?
Collects end-of-life products and magnet manufacturing scrap, runs magnet separation, rare earth separation and metallization, and delivers recycled Nd, Pr, Tb and Dy oxides.
Economics: what it saves and how it charges
Sells recycled rare earth oxides; claims over 90% recovery of REEs in end-of-life products; funded by $75M Series C.
Distribution: how it reaches customers
Supplier portal and inquiry types for feedstock and commercial partnerships; partnerships with Vacuumschmelze, ERI and Neo Performance Materials.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-08-27 | — | $75M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.