Cyclic Materials Inc.
Kingston Centre of Excellence for Rare Earth Recycling
fin-ca-feddev-cyclic-2025-contribution
Reading this record
What the evidence says — and does not say
- What kind of figure?
- CommitmentMoney, or a money-like promise, committed to a named recipient or project. The only role ever summed.
- What has happened legally?
- ContractedA binding agreement has been executed. Not a payment, and not necessarily an obligation of funds: an agreement can leave that to a later step.
- Has money been paid?
- Follow the payment evidenceThis status does not itself establish a cash payment. In particular, a signed contract does not necessarily establish an obligation of funds.
- What does it link to?
- Project attributionOne registered project is linked directly to this row. The link alone does not prove the amount was paid or that the project advanced.
This is a commitment role, but the financial status still determines legal standing and payment. Funding and verified industrial outcomes remain separate. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.
Amount
As stated “$5,000,000.00”
CAD 5,000,000 · Exact · Currency read from the issuing government
Record
- Provider
- Federal Economic Development Agency for Southern OntarioFederal Economic Development Agency for Southern OntarioGovernment body
- Legal authority
- Not stated
- Programme
- None named
- Recipient
- Cyclic Materials Inc.Cyclic Materials IncorporatedCompany
- Project
- Kingston Centre of Excellence for Rare Earth RecyclingKingston Centre of Excellence for Rare Earth Recycling capital stack →
- Facility
- Not stated
- Location
- Kingston, OntarioCA
- Stages
- RecyclingSingle stage
- Materials
- Rare earth elements (grouped)Tracked materials only
Status
Financial and physical progress are separate histories. The last entry is current.
Financial
- Contractedcurrent
The federal disclosure provides an agreement number, agreement value and agreement period beginning 1 September 2025.
Implementation
- Announced
Cyclic announced the Kingston Centre of Excellence and its first commercial Hub.
- Constructioncurrent
The later CGF release says the first commercial-scale Kingston Hub was under construction.
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.
Evidence
Every populated field names the source that states it, how directly, and where.
Grants and Contributions: Agreement 1019177
Government of Canada Open Government Portal
- Fields supported
- Instrument · Value role · Capital source · Amount · Provider · Recipient · Project · Location · Supply-chain stages · Materials · Status
- Evidence level
- Explicit
- Location in document
- Agreement Number; Agreement Value; Agreement Date; Description; Organization; Agreement Type; Recipient; Program
- Qualification
- 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.
Cyclic Materials
- Fields supported
- Project · Location · Supply-chain stages · Materials · Status
- Evidence level
- Explicit
- Location in document
- Announcement body; A Strategic Facility Serving a Circular Future
Canada Growth Fund
- Fields supported
- Status
- Evidence level
- Explicit
- Location in document
- Company description
- Qualification
- Supports the later construction status only.
| Source | Fields supported | Evidence level | Location |
|---|---|---|---|
| Grants and Contributions: Agreement 1019177 Government of Canada Open Government Portal · Source dossier |
| Explicit 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. | Agreement Number; Agreement Value; Agreement Date; Description; Organization; Agreement Type; Recipient; Program |
| Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario Cyclic Materials · Source dossier |
| Explicit | Announcement body; A Strategic Facility Serving a Circular Future |
| Canada Growth Fund Invests US$25 Million in Cyclic Materials to Strengthen Canada’s Rare Earth Supply Chain Canada Growth Fund · Source dossier |
| Explicit Supports the later construction status only. | Company description |