Noveon Magnetics Inc. ads

Big thanks to Adamas Intelligence for visiting our San Marcos headquarters and taking a deep dive into how Noveon is leading the industry as the first company to scale commercial production of American-made rare earth magnets in over 20 years. Their coverage captures exactly what we’re building: a resilient, high-performance domestic rare earth magnet supply chain that puts the U.S. ahead. Learn more: https://bit.ly/4obLpzw

A major milestone for Noveon Magnetics: we have signed an MOU with Kangwon Energy to build a 2,000-ton annual production capacity sintered NdFeB rare earth permanent magnet manufacturing facility in South Korea, doubling our global production capacity and accelerating the creation of a secure, diversified supply chain outside of China. We’re combining Noveon’s advanced magnet manufacturing technologies with Kangwon’s industry-leading process and plant-engineering expertise to strengthen regional supply chains serving automotive, defense, and industrial sectors. This expansion marks the next step in our mission to build a resilient magnet supply chain that powers the future. Read more here: https://lnkd.in/g58ms3xr

Proud to be featured in Bloomberg News’s latest on U.S. manufacturers racing to strengthen the domestic rare earth magnet supply chain and reduce reliance on China. Noveon Magnetics Inc. is leading the charge, manufacturing in Texas and delivering rare earth magnets to critical industries in the United States and abroad. Thank you Martin Ritchie for highlighting this important issue. Read more here: https://bit.ly/4ocHvqU

Build our future with Noveon. Our vertically integrated supply chain delivers American-made rare earth magnets for high-tech industries driving our economy forward.

American-made rare earth magnets engineered for mission-critical systems. A secure, high-performance supply for national readiness.

American-made rare earth magnets engineered for mission-critical systems. A secure, high-performance supply for national readiness.