Top 8 Rare Metal Recycling startups

Updated: February 24, 2024

Rare metal recycling startups specialize in the recovery, purification, and reuse of precious and rare metals from discarded electronic devices, industrial waste, and other sources. By implementing efficient and eco-friendly recycling methods, these startups not only contribute to the conservation of valuable resources but also minimize the release of hazardous materials into the environment.
1
Country: USA | Funding: $407.5M
KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally.
2
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.
3
Country: France | Funding: €40M
MECAWARE mission is to speed up strategic autonomy thanks to resource circularity and the intelligence of the material cycle.
4
Country: Chile | Funding: $35M
Ceibo develops the technology that allows to extract more copper out of existing mines
5
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.
6
Country: Philippines | Funding: A$8M
Renewable Metals' unique alkali recycling process recovers critical minerals from old batteries so they can be used again and again.
7
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.
8
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.