Launched by CMC The Collective
Collectors can't access processor margin. Processors can't secure the supply. Both need capital that doesn't ask for control. So we're finding better ways to fund a circular business — together.
The CMC Community — recyclers, refiners, e-waste processors and circular miners. Working together on trade finance, project finance, debt finance, and the value locked inside their own equity.
Why we exist
Most people who find us are stuck in one of two places — and the way out of both is money on terms that don't cost you your company.
You gather and aggregate feedstock. You know the material better than anyone in the chain. But the margin sits downstream in refining, and you have no route to it — so you sell into someone else's spread, year after year, and watch the value leave with the truck.
Missing: A way up the chain
You have the plant, the permits and the technology. What you can't get is a guaranteed long-term supply of feedstock — so the line runs below capacity, financiers see volume risk instead of a business, and the cost of every facility reflects it.
Missing: Secure supply
“Scale needs capital, and every route you've been offered so far asks for a piece of the company you spent your life building.”
Processing line
The plant, the permits and the technology are already here. What has been missing is capital on terms that don't ask for the company.
02 · What members do together
Ordinary, unglamorous, and genuinely hard to do alone. This is the work of the community itself — what happens between member companies, day to day.
One small company asking a bank for money is easy to say no to. A hundred companies from the same industry, arriving together, is a different conversation. Every deal is still yours to sign.
Most of us are turned down for the wrong reason. The business is good — the paperwork isn't. We introduce you to the advisers who fix that.
Some things are simply out of reach for one SME. Members who qualify may be invited to become owners in CMC The Collective. You keep your own company.
Recyclers, refiners, e-waste processors and circular miners — the same chain, in different corners of the world, meeting the same wall at the same point.
One member, one vote — at any size of company
What we are
The community is the door. The Collective is what stands behind it.
One member company. One vote.
The CMC Community was launched by CMC The Collective as the place where founders in the circular chain meet, hold a common standard and work on the same problem together.
Members admit members. Members elect the governing body. One vote per member company, regardless of size. That is written into the constitution, not into a slogan.
Feedstock, baled
Every bale in this yard is somebody's margin. The question is whose — and at which point in the chain it stops being yours.
04 · The journey
You come in as far as trust has been earned. Each stage stands on its own, and each one ends with you deciding whether to take the next.
Meet the community before you commit to anything. See how it works, read what governs it, and talk to the people already in it.
No dues · no obligation
Take your seat. One vote in how the community is run, and everything the membership does together.
Annual dues · admitted by the members
Keep what you built.
One member, one vote — at any size of company
05 · The first ninety-nine
Every institution is shaped most by the people who arrive before it becomes popular. The Founding Circle is capped at 99 member companies — the founders who write the Constitution, set the norms, and hand on the culture everyone after inherits.
Founding members carry the Founding designation permanently. When the ninety-nine seats are taken, the Circle closes.
Ask about a founding seat99 seats · then it closes
Corridors and cargo
Working capital that moves at the speed your cargoes actually move.
Where to meet us
26 August 2026 · Dubai
A curated gathering of around fifty people from across the circular critical-metals chain — operators and off-takers from the Middle East, alongside the founders building the community.
Register for this event
November 2026 · Location to be confirmed
The full membership in one room. Where the year's agenda is set with members rather than announced to them, and where the Code is shaped in person.
Year-round · your operation
Bring one real problem from your business. We'll put it to people who have met it before, with no question of membership attached.
07 · The people
Founder
Twenty-five years in metals recycling and circular industry, across more than ten countries. Holds the purpose of the community.
Director of Partnerships
Convening the living network of founders across the chain.
Director of Narrative
The storyteller — carrying the work of the members into the world.
The invitation
You don't have to decide anything to start. Come as an Explorer: sit in a session, read what governs us, meet the members, and put your hardest question to the room.
Alex Alegría-Seif Founder
What we are here to solve