{
  "commitment": {
    "id": "fin-ca-feddev-cyclic-2025-contribution",
    "eventId": "evt-ca-feddev-cyclic-2025",
    "relationships": [],
    "instrument": "unspecified",
    "valueRole": "commitment",
    "capitalSource": "public",
    "amount": {
      "value": "5000000",
      "currency": "CAD",
      "qualifier": "exact",
      "amountAsStated": "$5,000,000.00",
      "currencyBasis": "issuer_context"
    },
    "provider": "Federal Economic Development Agency for Southern Ontario",
    "providerJurisdiction": "canada",
    "providerOrgIds": [
      "org-ca-feddev-ontario"
    ],
    "legalAuthority": null,
    "programmeId": null,
    "recipient": "Cyclic Materials Inc.",
    "recipientOrgIds": [
      "org-cyclic-materials"
    ],
    "project": "Kingston Centre of Excellence for Rare Earth Recycling",
    "projectId": "prj-ca-cyclic-kingston-centre-of-excellence",
    "facility": null,
    "locations": [
      {
        "countryCode": "CA",
        "subnational": "Ontario",
        "asStated": "Kingston, Ontario"
      }
    ],
    "materialIds": [
      "rare-earth-elements"
    ],
    "materialAttribution": "tracked_only",
    "untrackedMaterialsAsStated": [],
    "stages": [
      "recycling"
    ],
    "stageAllocation": "single_stage",
    "financialStatusHistory": [
      {
        "status": "contracted",
        "date": "2025-09-01",
        "sourceId": "src-open-canada-feddev-cyclic-2025",
        "note": "The federal disclosure provides an agreement number, agreement value and agreement period beginning 1 September 2025."
      }
    ],
    "implementationStatusHistory": [
      {
        "status": "announced",
        "date": "2025-06-11",
        "sourceId": "src-cyclic-centre-excellence-2025",
        "note": "Cyclic announced the Kingston Centre of Excellence and its first commercial Hub."
      },
      {
        "status": "construction",
        "date": "2026-01-20",
        "sourceId": "src-cgf-cyclic-2026",
        "note": "The later CGF release says the first commercial-scale Kingston Hub was under construction."
      }
    ],
    "lifecycleReview": {
      "financialStatusCheckedAt": "2026-10-02",
      "implementationStatusCheckedAt": "2026-10-02"
    },
    "terms": [],
    "outcomes": [],
    "evidence": [
      {
        "sourceId": "src-open-canada-feddev-cyclic-2025",
        "supports": [
          "instrument",
          "value_role",
          "capital_source",
          "amount",
          "provider",
          "recipient",
          "project",
          "location",
          "stages",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Agreement Number; Agreement Value; Agreement Date; Description; Organization; Agreement Type; Recipient; Program",
        "note": "The disclosure calls the instrument a \"Contribution\". The tracker keeps instrument unspecified because this source does not state whether the contribution is repayable and no narrower tracker instrument can be assigned safely."
      },
      {
        "sourceId": "src-cyclic-centre-excellence-2025",
        "supports": [
          "project",
          "location",
          "stages",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Announcement body; A Strategic Facility Serving a Circular Future",
        "note": null
      },
      {
        "sourceId": "src-cgf-cyclic-2026",
        "supports": [
          "status"
        ],
        "evidence": "explicit",
        "locator": "Company description",
        "note": "Supports the later construction status only."
      }
    ],
    "notes": "The Government of Canada disclosure records Agreement 1019177 under FedDev Ontario's Business Scale-up and Productivity program. The agreement runs through 30 September 2028. Because the disclosure says only \"Contribution\", the tracker does not assume grant/non-repayable treatment."
  },
  "event": {
    "id": "evt-ca-feddev-cyclic-2025",
    "date": "2025-09-01",
    "jurisdiction": "canada",
    "titleEn": "FedDev Ontario contribution agreement 1019177 with Cyclic Materials"
  },
  "parents": [],
  "children": [],
  "sources": [
    {
      "id": "src-open-canada-feddev-cyclic-2025",
      "title": "Grants and Contributions: Agreement 1019177",
      "publisher": "Government of Canada Open Government Portal",
      "url": "https://search.open.canada.ca/grants/record/feddevontario,062-2025-2026-Q4-00111,current",
      "language": "en",
      "datePublished": null,
      "dateAccessed": "2026-10-02",
      "sourceType": "dataset",
      "confidence": "primary",
      "notes": "Federal grants-and-contributions disclosure for Cyclic Materials Inc. Agreement 1019177. It records a C$5,000,000 contribution from the Federal Economic Development Agency for Southern Ontario, with an agreement period beginning 1 September 2025 and ending 30 September 2028, to scale operations and establish a rare-earth-elements recycling Centre of Excellence in Kingston, Ontario."
    },
    {
      "id": "src-cyclic-centre-excellence-2025",
      "title": "Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario",
      "publisher": "Cyclic Materials",
      "url": "https://cyclicmaterials.earth/resources/cyclic-materials-announces-usd-25m-investment-to-establish-centre-of-excellence-for-rare-earth-recycling-in-kingston-ontario",
      "language": "en",
      "datePublished": "2025-06-11",
      "dateAccessed": "2026-10-02",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Company announcement establishing the Kingston Centre of Excellence as a 140,000-square-foot commercial processing and R&D facility. It describes the first commercial Hub, 500-tonne annual magnet-rich feed capacity and a then-targeted Q1 2026 start of operations. The company's stated US$25 million facility investment is not recorded as public support."
    },
    {
      "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."
    }
  ]
}