Noveon Magnetics Inc. Email Format

ManufacturingTexas, United States51-200 Employees

Noveon Magnetics Inc. is a private US-based manufacturer that has developed a patented Magnet-to-Magnet recycling process to convert end-of-life and scrap NdFeB magnets into high-performance sintered magnets. These magnets are suitable for motor and other applications where magnetic performance at elevated temperatures matters, and the company can provide magnetic property data upon request. The company is based in San Marcos, Texas, and operates in the specialty metals and rare-earth magnet sector, emphasizing material circularity and alternative feedstock sources.

Recent developments include a strategic partnership with LG to advance closed-loop recycling of rare earth magnets and plans to expand production capacity in South Korea. The company has announced collaborations with Solvay to bolster near-term production capacity and has ABB as a client, reflecting its active role in the magnet supply chain.

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