Full profile interview: Competitors
21 Nov 2025

USA Rare Earth
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler and magnet manufacturer based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets. In 2025, Noveon Magnetics has announced several partnerships and production capacity expansions.
Full profile interview: Competitors
18 Nov 2025

Neo Magnequench (Neo Performance Materials)
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics use a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets.
Update: Competitors
17 Nov 2025

Vacuumschmelze
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics use a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets.
Update
14 Nov 2025

Noveon Magnetics
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler and magnet manufacturer based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets. In 2025, Noveon Magnetics has announced several partnerships and production capacity expansions. This update summarizes its latest developments.
Included are:
Full profile interview: Competitors
23 Jun 2025

Garner Products
Founded in 2012, Noveon Magnetics is a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets from waste sources including HDDs.
Full profile interview: Competitors
5 Apr 2025

Ionic Rare Earths
Founded in 2012, Noveon Magnetics is a short-loop rare earth magnet recycler based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process, and regenerate NdFeB magnets.
Background: Competitors
22 Nov 2024

ReElement Technologies
NdFeB rare earth magnet recycling by hydrogen decrepitation.
Update interview: Competitors
26 Jul 2024

Ionic Technologies
Noveon Magnetics is a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics uses a patented powder metallurgy technology to recover, process, and regenerate NdFeB magnets.
Full profile interview: Competitors
10 May 2024

HyProMag Ltd
Noveon Magnetics are based in Texas, US, and provide short-loop rare-earth magnet recycling using a patented powder metallurgy process.
Background: Customers
7 May 2024

Australian Strategic Materials Ltd (ASM)
ASM sold 100 tonnes of NdFeB alloy to Noveon Magnetics in 2023 for the manufacturing of rare-earth magnets.
Full profile interview
3 May 2024

Noveon Magnetics
Founded in 2012, Noveon Magnetics are a short-loop rare-earth magnet recycler based in Texas, USA. Noveon Magnetics use a patented powder metallurgy technology to recover, process and regenerate NdFeB magnets. IDTechEx spoke with Chief Technical Officer and Co-founder, Dr Miha Zakotnik.
Included are:
Full profile interview: Competitors
19 Apr 2024

Carester (Caremag)
Use powder metallurgy based NdFeB magnet-to-magnet recycling process, in addition to integrating magnets into end products. (Short-loop)