Case Study

REEcycle

REEcycle

Capital Markets, SPAC & Public Markets, Corporate Advisory

Critical Minerals / Rare Earth Recycling

Overview

REEcycle is a U.S.-based rare earth element recycling company recovering REEs from end-of-life permanent magnets – the same high-performance materials found in discarded hard drives, decommissioned defense equipment, EV motors, and industrial machinery – creating a domestic circular economy for critical minerals.

Transaction Highlights

  • REEcycle recovers neodymium, praseodymium, dysprosium, and terbium – the core constituents of high-performance permanent magnets used in EV motors, wind turbine generators, and defense systems – addressing a supply chain the U.S. government has identified as a national security priority.
  • REEcycle represents the nearest-term path to increased domestic rare earth output: recycling capacity can scale far faster than new mining projects, which typically take years of permitting and development before reaching production.
  • The company’s extraction approach is grounded in research developed at the University of Houston, and REEcycle has secured its first year of feedstock supply to support its scale-up plans.
  • Hall Chadwick Acquisition Corp. (Nasdaq: HCAC) entered into a definitive Business Combination Agreement with REEcycle in June 2026, valuing the company at approximately $400 million.
  • Upon closing, the combined company is expected to operate as REEcycle Inc. and remain listed on Nasdaq.

~$400M

Transaction value

Key Contacts

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Aaron Dominish

Senior Managing Director

Senior Managing Director

Aaron Dominish is a Chartered Accountant delivering leading specialist accounting outcomes and strategic corporate advisory. He has solved problems across a diverse range of industries including natural resources, technology, hospitality, transport, professional services, and construction.

A masterful relationship builder, Aaron exemplifies open communication and empathetic listening, which he harnesses to create understanding and forge trust. From this base, Aaron has been able to galvanise stakeholders, formulate tailored strategies, and obtain beneficial outcomes making him a valuable resource.

Aaron accredits Hall Chadwick’s desire to solve complex engagements, its expertise, and culture as drivers for firm growth.

Aaron is the Vice Chair of Thriive WA Inc. (formerly Edmund Rice Camps for Kids), and has held positions with the inaugural Australian Restructuring, Insolvency, and Turnaround Associations’ Young Professionals’ Committee, and the Restructuring Insolvency Network of Western Australia.

In his personal time, Aaron enjoys travelling, the AFL, guitar, and has a keen interest in global financial markets.

Professional Qualifications

Bachelor of Commerce (Majoring in Accounting and Marketing) – University of Western Australia

Chartered Accountant – Chartered Accountants Australian and New Zealand

Public Practice Certificate – Chartered Accountants Australian and New Zealand

Restructuring, Insolvency, and Turnaround Professional (RITP) – Australian Restructuring, Insolvency, and Turnaround Association

Registered Liquidator – Corporations Act 2001 (Cth)

Graduate of the Australian Institute of Company Directors (GAICD)

Master of Business Administration (MBA) with Distinction – University of Western Australia

Industry & Service Specialisations

Formal and Informal corporate and personal Insolvency

Cash flow, operational, and debt management advisory

Business restructure and turnaround management

Business and asset recovery

Personal Property Security Act and Register compliance

Lender advisory and asset recovery

Review, audit, and investigation reports for stakeholders

Debt and Equity funding

Services

Whether you need strategic guidance or day-to-day financial management, Hall Chadwick is here to ensure you have the support you need, exactly when you need it.