Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally. It operates in three segments: Magnequench, Chemicals & Oxides, and Rare Metals. The company manufactures bonded neodymium-iron-boron powders and bonded permanent magnets for automotive motors, pumps, micro motors, traction motors, sensors and other applications. It also manufactures and distributes various industrial materials used in emissions and auto catalysts, permanent magnetics, consumer electronics, petroleum refining catalysts, medical devices, and wastewater treatment applications. In addition, the company sources, produces, reclaims, refines, and markets specialty metals and their compounds, including tantalum, niobium, hafnium, rhenium, gallium, and indium for jet engines, medical imaging, wireless technologies and LED lighting, as well as flat panel displays, solar, steel additives, and batteries and electronics applications. Neo Performance Materials Inc. was founded in 1994 and is headquartered in Toronto, Canada.