More about the magnets we make
We believe our magnet production capabilities and customer relationships represent a competitive moat unique in the West. Historically, with low-cost capacity as the main rare-earth magnet demand driver, our operations remained sub-scale relative to those in China. The re-alignment of market incentives since 2025 creates a significant opportunity for EM&T to scale production, demand, capacity and related investment.
Product Categories
EM&T makes sintered and bonded neodymium-iron-boron magnets in South Korea, from metal and alloy its plants produce or source outside China.
Certified sintered grades
Eight sintered grades certified by Tier-1 OEMs
Bonded magnets
Our plants have produced bonded magnets for automotive, appliance and industrial customers for more than 18 years.
Operations
EM&T's facilities in South Korea run the full sequence from NdPr metal to finished magnet. Their feedstock, capacity and planned lines are summarised below.
Feedstock
EM&T does not mine. It has secured approximately 754 metric tons of non-China neodymium metal: about 42 tons delivered to Pohang, 72 tons pending shipment through March 2027 and 640 tons committed through the end of 2027, including a 600-ton contract with Senri Trading of Japan. Its first delivery of non-China NdPr metal, from SRE Vietnam, a subsidiary of Japan's Tokai Trading, arrived in July 2026. EM&T also holds about 520 kilograms of dysprosium metal at Pohang, with 1.5 tons a month committed from February 2027. Its Gunsan plant produces NdFeB alloy and powder.
Capacity
About 1,000 tons a year today. All 57 containers of equipment for thirteen additional sintered magnet production lines arrived at Pohang in October 2026, and commissioning is under way. The lines are intended to take annual capacity to approximately 10,000 tons, including about 6,000 tons of sintered magnets.
Planned lines
Beyond magnets, EM&T intends to develop battery-grade materials and precious metals recovery from end-of-life material. These lines are planned and do not yet generate revenue. See our planned facilities.