{
  "event": {
    "id": "evt-ca-cgf-cyclic-2026",
    "date": "2026-01-20",
    "jurisdiction": "canada",
    "issuingBody": "Canada Growth Fund",
    "titleOriginal": "Canada Growth Fund Invests US$25 Million in Cyclic Materials to Strengthen Canada’s Rare Earth Supply Chain",
    "titleOriginalLang": "en",
    "titleEn": "Canada Growth Fund invests US$25 million in Cyclic Materials to strengthen Canada’s rare-earth supply chain",
    "titleEnSource": "na",
    "documentNumber": null,
    "policyStatus": "active",
    "mechanism": [
      "funding",
      "supply_chain_security"
    ],
    "affectedMaterialIds": [
      "rare-earth-elements"
    ],
    "affectedSectors": [
      "industrial"
    ],
    "summary": "Canada Growth Fund announced a US$25 million investment in Cyclic Materials as part of a US$75 million Series C preferred-equity round. The investment supports expansion of Cyclic's Kingston Centre of Excellence, Canadian R&D, execution of its first commercial Hub and broader commercialization of rare-earth recycling technology.",
    "analyticalSignificance": "Adds a direct public-equity instrument to Canada's rare-earth recycling response and shows public support moving beyond demonstration funding into commercial-scale processing infrastructure. The source also places the Kingston Hub in construction at the time of the transaction.",
    "supersededByEventId": null,
    "sourceIds": [
      "src-cgf-cyclic-2026"
    ],
    "verificationStatus": "verified",
    "intakeMode": "backfill",
    "lifecycle": {
      "officialPublicationDate": "2026-01-23",
      "discoveredAt": null,
      "verifiedAt": "2026-10-02",
      "publishedAt": null
    }
  },
  "framing": [],
  "sources": [
    {
      "id": "src-cgf-cyclic-2026",
      "title": "Canada Growth Fund Invests US$25 Million in Cyclic Materials to Strengthen Canada’s Rare Earth Supply Chain",
      "publisher": "Canada Growth Fund",
      "url": "https://www.cgf-fcc.ca/en/news/canada-growth-fund-invests-us-25-million-in-cyclic-materials-to-strengthen-canadas-rare-earth-supply-chain/",
      "language": "en",
      "datePublished": "2026-01-23",
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Canada Growth Fund press release. The page is dated 23 January 2026 and carries a Kingston dateline of 20 January 2026. It states that CGF invested US$25 million in Cyclic Materials as part of a US$75 million Series C preferred-equity round, supporting expansion of the Kingston Centre of Excellence, Canadian R&D, the first commercial Hub and broader commercialization. It also states that Cyclic was then constructing its first commercial-scale Hub in Kingston."
    }
  ]
}