Cyclic Materials Inc.
Kingston Centre of Excellence for Rare Earth Recycling
fin-ca-gpi-cyclic-2026-centre-excellence
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?
- DecidedThe provider has decided to invest, lend or award, including a conditional commitment.
- 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 “up to $9.1 million”
CAD 9,100,000 · Up to · Currency read from the issuing government
Record
- Provider
- Natural Resources Canada (Global Partnerships Initiative)Natural Resources CanadaGovernment 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
- Separation, Processing, RecyclingSeveral stages, split not stated
- Materials
- Rare earth elements (grouped)Tracked materials only
Status
Financial and physical progress are separate histories. The last entry is current.
Financial
- Decidedcurrent
The backgrounder calls the investment "conditionally approved". It is therefore recorded as decided, not contracted.
Implementation
- Constructioncurrent
The CGF release says Cyclic was constructing its first commercial-scale Hub in Kingston.
Notes
A current GPI programme page now lists Cyclic among funded projects, but it does not publish an executed agreement date for this award. The financial lifecycle therefore remains at the March 2 conditionally approved/decided stage rather than being promoted to contracted.
Evidence
Every populated field names the source that states it, how directly, and where.
Natural Resources Canada
- Fields supported
- Value role · Capital source · Amount · Provider · Recipient · Project · Location · Supply-chain stages · Materials · Status
- Evidence level
- Explicit
- Location in document
- Cyclic Materials bullet
- Qualification
- The March backgrounder identifies the Kingston rare-earth recycling Centre of Excellence, the up-to-C$9.1 million GPI amount and its conditionally approved status.
Global Partnerships Initiative
Natural Resources Canada
- Fields supported
- Instrument · Project · Supply-chain stages · Materials
- Evidence level
- Explicit
- Location in document
- GPI description; GPI funded projects — Contribution funding — Cyclic Materials Inc.
- Qualification
- The programme page describes GPI contribution funding as non-repayable and says Cyclic's funding advances processing, separation and metallization technologies for an integrated rare-earth recycling value chain; normalized to the tracker's grant instrument.
Canada Growth Fund
- Fields supported
- Status
- Evidence level
- Explicit
- Location in document
- Company description
- Qualification
- Supports the project's construction status, not the GPI financial status.
| Source | Fields supported | Evidence level | Location |
|---|---|---|---|
| Canada secures 30 new critical minerals partnerships and unlocks $12.1 billion in mining project capital Natural Resources Canada · Source dossier |
| Explicit The March backgrounder identifies the Kingston rare-earth recycling Centre of Excellence, the up-to-C$9.1 million GPI amount and its conditionally approved status. | Cyclic Materials bullet |
| Global Partnerships Initiative Natural Resources Canada · Source dossier |
| Explicit The programme page describes GPI contribution funding as non-repayable and says Cyclic's funding advances processing, separation and metallization technologies for an integrated rare-earth recycling value chain; normalized to the tracker's grant instrument. | GPI description; GPI funded projects — Contribution funding — Cyclic Materials Inc. |
| 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 project's construction status, not the GPI financial status. | Company description |