Federal News
Nth Cycle Expands Critical Minerals Refining
March 19, 2026
Nth Cycle, a startup specializing in electrochemical refining technology for critical minerals such as nickel, has secured a $1.1 billion agreement with commodity trader Trafigura to expand refining capacity in the United States and Europe in 2026. This deal supports reshoring efforts to reduce reliance on foreign sources like China and Indonesia by deploying modular, smaller-scale refining technologies domestically and abroad.
- Why this matters: The expansion signals growing investment in domestic critical minerals processing infrastructure, a key priority for supply chain resilience and national security.
- Procurement professionals should note increased opportunities for contracts related to critical minerals refining technology, infrastructure development, and supply chain partnerships.
- Companies in the minerals, chemical processing, and advanced manufacturing sectors may find new avenues for collaboration or subcontracting in reshoring initiatives.
- Locations such as Columbus, Ohio, and South Carolina are focal points for this capacity expansion, indicating regional industrial growth and potential local procurement needs.
Vendors
Nth Cycle, Trafigura
Contracts
$1.1 billion
Locations
Sources
- Inside a $1.1B deal to reshore critical minerals refining | TechCrunch · TechCrunch · Mar 19