Neo Performance Materials, Inc. engages in the manufacture of metal-based functional materials. It operates through the following segments: Magnequench; Chemicals and Oxides; Rare Metals; and Corporate. The Magnequench segment focuses in the manufacture of bonded NdFeB powders and bonded permanent magnets. The Chemicals and Oxides segment manufactures and distributes a range of industrial materials. The Rare Metal segment sources, produces, reclaims, refines, and markets metals and compounds. The Corporate segment comprises finance, administration, information technology, accounting, and legal activities. The company was founded on September 12, 2017 and is headquartered in Toronto, Canada.