Magnequench International

What Magnequench International does

Magnequench International is a Singapore-headquartered subsidiary of NEO Performance Materials that designs, manufactures, and markets neodymium-iron-boron (NdFeB) permanent magnetic materials, with operations spanning a technology center in Singapore and a manufacturing facility in Korat (Nakhon Ratchasima), Thailand. The company's core technology is proprietary melt spinning / jet casting, which rapidly solidifies RE-Fe-B alloy at approximately 1,000,000°C per second to produce nanocrystalline, isotropic grains (typically 30-50 nm), forming the basis of its MQP™ bonded neo powder and MQ1™ bonded neo magnet product lines. Complementary offerings include MQA anisotropic powders for injection molding, MQ3™ full-density hot-pressed magnets targeting sintered-NdFeB performance with minimal heavy rare earth, MQEP™ custom compounds, and MQFP fine powders, alongside proprietary simulation tooling such as an industry-first finite element magnetization solver and benchmarking capabilities in SPEED, Motor-CAD, and Vector Fields Opera.

The company generates revenue primarily through B2B direct hardware sales of magnetic powders, finished magnets, and assemblies under quote-based, multi-year enterprise contracts, supplemented by technical services spanning motor design, magnetization fixture engineering, and compound development. Go-to-market is enterprise field sales with deep technical collaboration; the firm works directly with magnet manufacturers, tier-1 and tier-2 automotive suppliers, and end-user OEMs across automotive (EVs, hybrids, ICE accessory motors, electric power steering, traction motors), residential appliances, media storage (HDD spindle motors), and industrial/pump applications such as Grundfos. The business has a diversified vertical mix but is anchored in long-cycle automotive and HDD qualification processes, which embed switching costs through magnet-grade standardization, customer-specific compounds (MQEP™), and co-developed magnetization profiles.

The company is governed by CEO Archibald Cox and operates a workforce of 5,001-10,000, holding ISO 9001, ISO 14001, ISO 45001, ISO 50001, IATF 16949, and IECQ certifications, with a patent portfolio anchored on jet casting methods for high-energy NdFeB magnets and a strong portfolio of trademarks (MQP™, MQ1™, MQA, MQ3™, MQEP™, MQFP). Founded in the mid-1980s by General Motors, Magnequench became part of NEO Performance Materials and is positioned as the leading global producer of neo powder used in bonded neo magnet production, with published research, technical presentations at conferences such as Intermag and MagMatApp, and multilingual digital presence in English, Chinese, and Japanese.

Name

Magnequench International

Legal name

Magnequench International, LLC

Website

https://mqitechnology.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Magnequench International is the industry-leading producer of bonded NdFeB magnetic powders (MQP™) and magnets (MQ1™), manufactured via proprietary melt spinning technology. It supplies tier-1/tier-2 automotive suppliers, global appliance OEMs, and HDD spindle motor manufacturers from Singapore R&D and Thailand production operations as a subsidiary of NEO Performance Materials.

Ownership category

akta.pro rank

Product category

Permanent Magnetic Materials

SIC

Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Transformers & Magnetics (Power/Signal) (HDAHANAD)

akta.pro secondary industry

Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)

Keywords

• Neodymium magnetic powders
• Bonded neo magnets
• Rare earth materials
• Permanent magnet manufacturing
• NdFeB magnet production

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Bonded Neo Powder Sales (MQP™): Sale of isotropic and anisotropic bonded neo magnetic powders (MQP™ and MQA series) to magnet manufacturers. Powders are sold in various grades optimized for different applications including automotive, media storage, and residential appliances.
2. Bonded Neo Magnet Sales (MQ1™): Sale of finished bonded neo magnets (MQ1™) and magnet assemblies to customers. Includes compression molded, injection molded, and extruded magnets with various magnetization profiles.
3. Technical Services and Support: Motor design services, magnetization fixture design, and compound development support provided to customers for optimizing magnet selection and motor performance.
4. MQ3™ Hot Press Magnets: Full-density hot press magnets for high-performance applications including electric power steering and traction motors.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Magnequench International designs, manufactures, and markets neodymium-iron-boron (NdFeB) permanent magnetic materials, including isotropic bonded neo magnetic powders (MQP™) produced via proprietary melt-spinning/jet-casting, anisotropic powders (MQA), finished bonded neo magnets (MQ1™), full-density hot-pressed magnets (MQ3™), and custom compounds (MQEP™). The company complements these physical products with motor design, magnetization, and compound development engineering services for automotive, media storage, and residential appliance customers.

Product overview

Magnequench International is a subsidiary of Neo Performance Materials and operates as the industry leader in bonded neo magnetic powders, magnets, assemblies and their applications. The company's product portfolio centers on MQP™ isotropic bonded neo magnetic powder (manufactured via proprietary melt-spinning/jet-casting process) combined with binder materials to produce MQ1™ bonded neo magnets with tailored magnetization profiles (radial, Halbach, hybrid). Complementary offerings include MQA anisotropic powder for injection molding, MQ3™ full density hot-pressed magnets for traction motors, MQEP™ custom compounds, and MQFP fine powders. The company provides comprehensive application engineering services including motor design, magnetization fixture development, and compound development. Products serve automotive, media storage, and residential appliance industries.

Differentiator

Problem solved

Functional benefit

Brands

• MQ1™: Isotropic bonded NdFeB magnets (MQ1™) - the company's core magnet product line for automotive and appliance applications
• MQP™
• MQA
• MQ3™
• MQEP™
• MQFP

Products and services

• MQP™ Bonded Neo Powder Isotropic bonded neodymium-iron-boron (NdFeB) magnetic powder manufactured using a proprietary melt-spinning process that rapidly solidifies RE-Fe-B alloy at approximately 1,000,000°C per second, producing ultra-fine isotropic grains (typically 30-50 nm). Sold in multiple grades to magnet manufacturers for bonded permanent magnet production in automotive, media storage, and residential appliance applications.
• MQ1™ Bonded Neo Magnets Isotropic bonded NdFeB magnets produced by combining MQP™ powder with binder material, offering heavy rare earth-free composition, near net shape production, high magnetic strength, resistance to demagnetization, and tailored magnetization profiles (radial, Halbach, hybrid) for PMBLDC, PMDC, and PMSM motors in automotive, media storage, and residential appliance applications.
• MQA Anisotropic Magnetic Powder Anisotropic magnetic powder produced by processing melt-spun MQP™ material through upset die compaction (hot deformation) to impart anisotropy, delivering superior magnetic properties suitable for injection molding applications. Five grades are available.
• MQ3™ Full-Density Hot-Pressed Magnets Full-density hot-pressed NdFeB magnets that achieve performance comparable to sintered NdFeB magnets without or with only minimal heavy rare earth addition. Used in electric power steering and hybrid vehicle traction motors.
• MQEP™ Custom Compounds Custom bespoke compounds developed by Magnequench for specific customer requirements, enabling thinner and longer ring magnets, improved magnetic flux density (Br) through high density, tighter dimensional tolerances, and enhanced mechanical strength. Suited for high-speed rotation and high-temperature environments.
• MQFP Fine Powder Fine powder grades produced by jet milling MQP™ powder with minimum particle size of approximately 5 µm and very narrow particle size distribution, enabling thinner magnet geometries and specialized bonded magnet applications.
• Motor Design Services Application engineering support for motor performance optimization, including magnet grade selection, cost-optimized magnet shape design, magnetization fixture development, and motor benchmarking using SPEED, Vector Fields Opera, Motor-CAD, SOLIDWORKS, and AutoCAD. Sold to magnet manufacturers, automotive suppliers, and appliance OEMs.
• Magnetization Services Technical guidance and engineering services for magnetization, including magnetization fixture and system design and development, FEA simulation of the magnetization process, and support for achieving full saturation magnetization for optimal motor performance.
• Compound Development Services Custom compound development service enabling production of MQ1™ magnets capable of withstanding high-speed rotation (over 100,000 RPM) without physical protection, suitable for high-performance vacuum cleaners, hair dryers, and similar demanding applications.

Quantifiable outcome

• 40% weight reduction and 36% size reduction achieved in motor applications using MQ1™ magnets
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Eclipse Magnetics: Eclipse Magnetics (part of the Spear & Jackson group) manufactures bonded NdFeB and ferrite magnets, magnetic assemblies, and magnetic separation equipment for industrial applications. Comparable as a bonded NdFeB magnet supplier, though smaller scale and focused on industrial/magnetic separation use cases rather than high-volume automotive applications.

Broad incumbents

• TDK Corporation: TDK manufactures neodymium magnets and is a major supplier to the HDD spindle motor and automotive markets through its Magnet business. Comparable as a NdFeB magnet producer serving overlapping customer segments (HDD, automotive motors) and competing in similar performance tiers, though TDK operates a much broader electronic components portfolio.
• Daido Steel: Daido Steel manufactures specialty steel and magnetic materials including NEOMAX sintered NdFeB magnets for automotive (especially EV traction motors) and industrial applications. Comparable as a major NdFeB magnet producer with similar automotive customer focus, though Daido operates a much broader specialty metals portfolio.
• Shin-Etsu Chemical: Shin-Etsu is the world's largest producer of sintered neodymium magnets through its Magnetic Materials division, holding dominant share in EV traction motors and HDD applications. Highly comparable as a leading NdFeB magnet supplier serving automotive, electronics, and industrial customers, with comparable applications in traction motors and motors requiring high magnetic performance.
• Hitachi Metals (Proterial): Proterial (formerly Hitachi Metals) is the global leader in sintered NdFeB permanent magnets through its NEOMAX brand, serving automotive, industrial, and electronics applications. Comparable as a major NdFeB magnet producer with overlapping automotive and industrial customer base, though Proterial focuses on sintered magnets (higher energy density) rather than Magnequench's bonded specialty.

Direct peers

• JL MAG Rare-Earth Co. JL MAG is one of China's largest producers of sintered and bonded NdFeB magnets, serving automotive (including NEV traction motors), wind energy, and industrial applications. Comparable as a high-volume NdFeB magnet producer competing for the same automotive and industrial customers, though JL MAG benefits from lower-cost Chinese supply chain integration.
• Arnold Magnetic Technologies: Arnold Magnetic Technologies manufactures bonded and sintered NdFeB magnets, samarium cobalt magnets, and magnetic assemblies for aerospace, defense, industrial, and motor applications. Comparable as a specialty permanent magnet producer offering bonded neo solutions with similar application engineering services to industrial and automotive motor customers.
• VACUUMSCHMELZE (VAC): VAC is a leading European manufacturer of advanced magnetic materials including NdFeB sintered magnets and specialty magnetic assemblies for automotive, industrial, and energy applications. Comparable as a specialty NdFeB magnet producer with similar focus on performance-differentiated, application-engineered solutions for tier-1 automotive and industrial customers.
• Beijing Zhong Ke San Huan Hi-Tech: Zhong Ke San Huan is a major Chinese manufacturer of sintered NdFeB magnets serving automotive, consumer electronics, and industrial motor markets. Comparable as a NdFeB magnet producer with overlapping automotive and electronics customer base, though primarily focused on sintered magnets rather than bonded.

Others

• Neo Performance Materials (Parent): Neo Performance Materials is the parent company of Magnequench International and operates rare earth processing, magnetic materials, and specialty chemicals businesses globally. Listed as an adjacent peer rather than direct competitor since it is the parent company — shares the rare earth and magnetic materials value chain but operates at a different level (chemicals/refining) rather than direct bonded magnet manufacturing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/magnequench

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magnequench International