Nth Cycle utilizes patented electro-extraction technology to refine critical metals from end-of-life batteries and mined ore directly at partner facilities, eliminating the need for centralized processing. This approach addresses the lack of domestic refining capabilities for essential materials required in the clean energy transition, reducing reliance on overseas supply chains.
Funding
$60.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The clean energy transition requires a reliable supply of critical metals like lithium, cobalt, copper, and rare earth elements. Currently, a significant portion of critical metals refining occurs overseas, creating economic, security, and environmental vulnerabilities. Existing domestic refining capacity is limited in scale, flexibility, and geographic distribution, hindering the development of a robust domestic supply chain.
Solution
Nth Cycle offers a modular, on-site refining system called the Oyster that utilizes patented electro-extraction technology to recover critical metals from diverse feedstocks, including end-of-life batteries, scrap metal, and mined ore. By deploying refining capacity directly at partner facilities, Nth Cycle eliminates the need for centralized processing and long-distance transportation of materials. The Oyster system is designed for rapid deployment and flexible operation, enabling partners to refine a variety of metals, adapt to changing volumes, and support multiple industries. This approach fosters a more resilient and sustainable domestic supply chain for critical materials essential to electric vehicles, renewable energy, and other clean technologies.
Target Audience
Nth Cycle's primary customers include recyclers, manufacturers, and mining companies seeking to establish on-site refining capabilities for critical metals.
Features
- Patented electro-extraction technology for efficient and selective metal recovery
- Modular Oyster system designed for on-site installation and scalability
- Ability to process diverse feedstocks, including end-of-life batteries, scrap metal, and mined ore
- Rapid deployment timeline, with installation achievable in under 12 months
- Flexible operation to refine a variety of critical metals and adapt to changing market demands
- Environmentally friendly process that minimizes waste and reduces reliance on traditional refining methods