Neo Material Technologies Inc. engages in the production, processing, and development of neodymium-iron-boron magnetic powders (neo powders), rare earths, zirconium based engineered materials and applications, and other metals and their compounds. The company operates through two divisions, Magnequench and Performance Materials. The Magnequench division produces neo powders that are utilized in bonded magnets for electronic applications, primarily micro-motors and sensors, computer storage devices, office automation, automotive, and appliance industries. The Performance Materials division manufactures and distributes a range of rare earth and zirconium-based engineered materials. This division offers cerium, lanthanum, europium, neodymium, dysprosium, and yttrium, which are primarily used in the manufacture of automotive catalytic converters, chemical and other catalysts, neo magnets, optical/electronic lenses, engineered ceramics, display and lighting phosphors, and ceramic chips. Neo Material Technologies sells its products through a direct sales force and sales agents worldwide. The company was formerly known as AMR Technologies Inc. and changed its name to Neo Material Technologies Inc. in April 2006. Neo Material Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.

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