Critical Materials Recycling and Paladin EnviroTech have announced the creation of a joint venture called REcapture, aimed at capturing and recycling rare earth elements from consumer, automotive and industrial electronics.
The companies said the collaboration brings together Critical Materials Recycling’s advanced recovery systems with Paladin’s environmental technology platform and electronics collection network. The goal, they said, is to strengthen the domestic supply of strategic materials used in electric vehicles, renewable energy systems and other technologies that rely on magnets containing rare earth elements.
Critical Materials Recycling, known as CMR, said its scalable recovery process was originally developed at Ames National Laboratory. The company’s technology extracts rare earth oxides such as neodymium, praseodymium, dysprosium and terbium from end-of-life products including motors, speakers, hard drives and other components. These elements are essential in producing high-strength permanent magnets used across manufacturing and clean-energy industries.
Company officials said REcapture will integrate CMR’s proprietary refining capabilities with Paladin’s data-driven sourcing, collection and processing systems. The objective is to divert materials from waste streams, recover valuable metals and support the development of a circular economy within the United States.
