Top 14 Rare Metal Recycling startups

Nov 25, 2024 | By Marjana Bačić

These startups specialize in the recovery, purification and reuse of precious and rare metals from discarded electronic devices, industrial waste and other sources.
1
Country: USA | Funding: $899M
KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally.
2
Country: USA | Funding: $650M
EnergyX's direct lithium extraction technology can make lithium metal directly from brine and potentially in anode-ready form for electric vehicle batteries.
3
Country: USA | Funding: $100M
Noveon Magnetics collects scooters, computer hard drives, MRI machines and motors from hybrid cars in order to separate out the old rare-earth magnets so they can be ground down and shaped into new ones.
4
Country: France | Funding: €40M
MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle.
5
Country: Chile | Funding: $35M
Ceibo develops the technology that allows to extract more copper out of existing mines
6
Country: Japan | Funding: ¥2.3B
Emulsion Flow Technologies offers rare metal recycling, utilizing emulsion flow technology, emulsion flow technology, etc., businesses.
7
Country: USA | Funding: $12.1M
Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures.
8
Country: Philippines | Funding: A$16.1M
Renewable Metals' unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again.
9
Country: Israel | Funding: $6M
Helios novel chemical processes reduce carbon emissions, energy consumption and OpEx in Steel, Copper, Nickel, Silicon and more. Resource extraction could be done in a way that is far less harmful to the planet, not just iron, but silicon, copper, nickel, lithium and other critical materials.
10
Country: Australia | Funding: $2.3M
ElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.
11
Country: USA | Funding: $340K
Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.
12
Country: India
Ecoverva is a Precious Metal Refining & E-Waste Recycling Company. It is one of the reputed organizations working in Catalytic Converter, E-Waste Recycling, Auto Dismantling, EPR provider.
13
Country: USA
Verdant develops resource recovery technologies - focusing on neglected waste streams - to enable environmental conservation, resource retention, and supply chain resiliency. It recovers cobalt, zinc, gold, lithium and silver from electronics waste.
14
Country: USA
Determinant Materials is an electronic waste recycling and ethical materials production company.
Editor: Marjana Bačić
Marjana Bačić is a senior editor for RecyclingStartups. She has has more than 5 years experience covering the recycling industry. Marjana graduated from University of Belgrade, where she edited Recycling and Sustainable Development Journal. She has helped several non-profit organizations dedicated to promoting environmental education and sustainability. She also participates in beach clean-up initiatives and advocates for sustainable practices in local businesses. In her free time, Marjana enjoys hiking in the scenic Montenegrin countryside, practicing yoga for mindfulness, and experimenting with plant-based recipes in her kitchen. You can contact Marjana at marjanabacic(at)recyclingstartups(dot)com