What Amermin does

Amermin is a privately-held, U.S.-based critical minerals recycling and refining company headquartered in Austin, Texas, founded in 2017. The company procures end-of-life and surplus industrial assets, extracts and refines strategic metals—primarily tungsten, tungsten carbide, cobalt, copper, and nickel—and resells virgin-equivalent powders and finished products to American manufacturers. Served verticals include aerospace, defense, energy (oil and gas, hydro, gas and steam, wind), technology, automotive, construction, agriculture, and battery recycling.

The company's core technology stack includes proprietary tungsten carbide reclamation, virgin-quality tungsten and tungsten carbide powder manufacturing across cemented, spherical, cast, and macrocrystalline grades, the Strato Rod cast composite hardfacing product (spherical and angular carbides in a nickel matrix, 55 HRC surface hardness), polycrystalline diamond cutter resizing and 3D shaping, and lithium-ion battery material recovery. A $11.5M U.S. Department of Energy grant awarded in January 2026 is funding a 300% capacity expansion at the company's Briggs, Texas reclamation facility, with completion expected in Q2 2026. Amermin is vertically integrated across asset recovery, toll processing, material haul-off, and tool cleaning and repair services, with all logistics handled in-house.

Amermin's business model combines transactional revenue from buying and reselling recycled metals, fee-based toll processing and asset recovery services, and direct sales of refined powders and hardfacing products. Pricing is quote-based with no published price list. Go-to-market relies on direct inside sales, enterprise field sales, and strategic recycling partnerships—most notably a multi-year partnership with Ulterra Drilling Technologies that was expanded globally in April 2026 to process material streams from the U.S., Canada, and Argentina. In 2025 alone, Amermin recycled over 1.4 million pounds of Ulterra material and returned more than $1.7 million in value to that customer.

Name

Amermin

Legal name

AMERMIN

Website

https://amermin.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Amermin is a U.S.-based critical minerals recycling and refining company that recovers tungsten, cobalt, copper, and nickel from end-of-life industrial assets and resells virgin-equivalent powders and hardfacing products to aerospace, defense, and energy manufacturers across the U.S. and internationally.

Ownership category

akta.pro rank

Product category

Critical Minerals Recycling and Refining

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (331410)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Construction & Demolition (C&D) Metal Recycling (Structural Steel, Rebar, Roofing, Wire) (IMAKAMAF)

Keywords

• Critical minerals recycling
• Tungsten carbide refining
• Industrial metal reclamation
• Asset recovery services
• Hardfacing products

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Buy and Sell of Raw and Used Materials: Transactional revenue from buying retired or surplus industrial assets containing critical minerals, then reselling the recovered/refined metals and powders (tungsten, cobalt, copper, nickel) to manufacturers. Amermin handles packaging, shipping, and logistics.
2. Toll Processing and Asset Recovery Services: Fee-based service revenue from toll processing, asset recovery, material haul-off, and tool cleaning & repair for industrial customers looking to monetize waste streams.
3. Sale of Refined Metal Powders and Hardfacing Products: Direct sales of refined tungsten and tungsten carbide powders (cemented, spherical, cast, macrocrystalline) and proprietary hardfacing products such as Strato Rod composite rods.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Amermin recycles and refines critical industrial metals—primarily tungsten, tungsten carbide, cobalt, copper, and nickel—from end-of-life and surplus industrial assets into virgin-quality powders and finished products. The company sells refined metal powders, hardfacing rods, and PCD cutters directly to U.S. manufacturers, while also providing asset recovery, toll processing, material haul-off, and tool cleaning and repair services.

Product overview

Amermin is a single, integrated critical minerals recycling and refining business (not a software platform) whose product and service portfolio spans recycled raw materials (Tungsten & Tungsten Carbide Powders, Nickel Chloride, Nickel Sulfate, Cobalt Sulfate, Cobalt Chloride, and Copper), manufactured goods (Strato Rod hardfacing and Polycrystalline Diamond Cutters), and complementary service offerings (Asset Recovery, Material Haul Off, Toll Processing, and Tool Cleaning & Repair). The Tungsten & Tungsten Carbide Powders, Strato Rod, and Polycrystalline Diamond Cutters represent the finished products sold to manufacturing customers, while the four services enable customers to monetize end-of-life or surplus assets. The entire offering is delivered from Amermin's Austin, Texas headquarters and its Briggs, Texas reclamation facility (under expansion with a $11.5M DOE grant).

Differentiator

Problem solved

Functional benefit

Brands

• Strato Rod: Amermin's cast composite hardfacing rod product line containing both spherical and angular carbides in a nickel matrix, designed for wear applications and applied via Oxy-Acetylene or TIG.

Products and services

• Tungsten & Tungsten Carbide Powders Recycled and refined tungsten and tungsten carbide powders, including cemented, spherical, cast, and macrocrystalline grades, sold to industrial manufacturers in aerospace, defense, oil and gas, and other sectors.
• Strato Rod Hardfacing Product Proprietary cast composite hardfacing rod containing both spherical and angular carbides in a nickel matrix, designed for wear applications in oil and gas, mining, and industrial use, applicable via Oxy-Acetylene or TIG with a 55 HRC surface hardness.
• Polycrystalline Diamond (PCD) Cutters Premium polycrystalline diamond cutters for drilling, trenching, road marking, floor scraping, grinding, cutting, and wear parts, with resizing and 3D shaping services to improve drilling efficiency and rate of penetration.
• Asset Recovery Service Service for industrial customers to maximize the value of unused or end-of-life assets through repurposing and recycling, combining customer financial benefit with environmental responsibility.
• Material Haul-Off Service Logistics and transportation service for removing customer material streams from industrial sites for recycling and refining at Amermin's facilities.
• Toll Processing Service Custom processing of customer-owned materials through Amermin's recycling and refining facilities, allowing industrial clients to leverage Amermin's capabilities on their own feedstock.
• Tool Cleaning & Repair Service Restoration and cleaning service for used industrial tooling and components, supporting circular economy reuse and extending tool life.

Quantifiable outcome

• Recycled more than 1.4 million pounds of material from Ulterra in 2025
• +4 more outcomes

Named customers1 record

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Ulterra Drilling TechnologiesflagshipStrategic or Co-development Partner · 20 April 2026Three-year critical mineral recycling partnership that was expanded globally in April 2026 to process material streams from Argentina, Canada, and the US. Together the companies recycle 21+ material streams including tungsten, cobalt, copper, nickel, zinc, silver, and industrial diamond. Amermin recycled more than 1.4M lbs of Ulterra material and returned over $1.7M in value in 2025.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Materion Corporation: Materion is a publicly traded specialty metals and materials supplier with recycling and refining capabilities across beryllium, precious metals, and other critical materials. Comparable to Amermin as a vertically integrated specialty metals processor serving aerospace and defense customers.
• MP Materials: MP Materials operates the largest rare earth mining and processing operation in the Western Hemisphere. Comparable to Amermin in the broader U.S. critical-minerals onshoring narrative and overlap in processing strategic metals, though its primary focus is rare earths rather than tungsten/cobalt/copper.
• Umicore: Umicore is a Belgian materials technology group with one of the world's largest battery materials and precious metals recycling operations. Comparable to Amermin in providing toll processing and critical-materials recovery services to industrial customers, though at much greater scale and geographic breadth.

Direct peers

• Cirba Solutions: Cirba Solutions operates one of North America's largest critical materials recycling networks, including lithium-ion batteries and strategic metals. Comparable to Amermin in providing vertically integrated materials recovery and toll processing services to enterprise customers across multiple end markets.
• Li-Cycle: Li-Cycle is a major North American critical materials recycling company focused on lithium-ion battery materials. It is comparable to Amermin's lithium-ion battery recycling capability and shares the broader positioning as a domestic critical-minerals processor addressing foreign supply dependence.
• Global Tungsten & Powders Corp. Global Tungsten & Powders is one of the largest Western producers of tungsten and tungsten carbide powders. Directly comparable to Amermin's core tungsten and tungsten carbide powder business and serves overlapping end markets including oil & gas, mining, and wear-resistant components.
• Redwood Materials: Redwood Materials is a leading battery materials recycler with capabilities to recover lithium, cobalt, and nickel for reuse in consumer electronics and EVs. Directly comparable to Amermin's lithium-ion battery recycling offering and its mission of building a domestic circular supply chain for critical minerals.
• Buffalo Tungsten Inc. Buffalo Tungsten is a U.S.-based manufacturer of tungsten metal powders and fabricated tungsten products. Comparable to Amermin in domestic tungsten powder production and shared end-markets in defense, aerospace, and industrial wear applications.

Emerging players

• Phoenix Tailings: Phoenix Tailings is a U.S.-based producer of rare earth and critical metals from non-traditional sources including mining byproducts. Comparable to Amermin in its mission to onshore critical-minerals refining capacity and its focus on feedstock that bypasses Chinese supply chains.
• Nth Cycle: Nth Cycle is an emerging critical-minerals refining company using electro-extraction technology to recover nickel, cobalt, and rare earths from scrap. Comparable to Amermin's refining focus and target customers (battery makers, OEMs) but uses a different processing technology stack.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/amermin

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amermin