Urban Mining Company

Noveon Magnetics Inc., based in San Marcos, TX, is at the forefront of developing innovative EcoFlux magnets, which aim to transform electrification through enhanced mobility and energy efficiency. The company addresses critical issues related to rare earth magnet production, such as supply chain volatility, environmental harm, and the increasing global demand for energy.

With a commitment to sustainability, Noveon leverages advanced technologies to create a superior magnet that requires significantly less energy and rare earth elements compared to traditional manufacturing methods. Their closed-loop approach not only mitigates supply interruptions but also significantly reduces environmental impact, achieving substantial energy savings and preserving the planet's resources.

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