Microsoft invests in Ontario-based rare earths recycling company
Cyclic has developed a patent-pending technology called CC360 to address the challenge of recovering rare earths contained in end-of-life hard drives.
The western hemisphere’s sole rare earth oxides producer, Colorado-based Molycorp, announced Thursday it has now fully funded its US$781 million expansion and modernization project at its flagship Mountain Pass rare earth facility in California.
“Full funding of the capital plan of Project Phoenix is a major milestone in Molycorp’s overall rare earth ‘mine-to-magnets’ business plan,” the company said in a news release.
