Founded in 2018, Sircel operates recycling facilities in Villawood, Parkes, Dandenong and Yatala, and partners with downstream vendors across Adelaide, Darwin and Perth. The company’s proprietary processes recover high-value metals—gold, copper and others—from end-of-life electronics, computers, mobile phones and solar panels. Management is now scaling a fast-growing solar-panel recycling division while expanding geographically to meet Australia’s rising e-waste volumes. Sircel projects FY26 revenue of $75 million and EBITDA of $13.2 million based on its current run-rate. Leadership was recently strengthened with former manufacturing executive Brendon Wright as COO and marketing strategist Angie Bradbury as Chairperson. Backed by Tectonic Investment Management, Sircel positions itself as a crucial player in Australia’s circular-economy push and benchmarks against listed advanced-metals peers IperionX, Metal Powder Works and Titomic. Proceeds from the current financing will be allocated to high-yield recycling capacity, geographic expansion and solar-panel recycling scale-up.

Total raised

$15M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2025