Introducing Noveon Magnetics Inc., the game-changer in the mining industry, revolutionizing the way we harness energy. With an impressive $75M raised in Series B funding from NGP Capital, and Aventurine Partners, visionary founder Scott Dunn is leading the charge to create a sustainable and evolved future. Noveon Magnetics is at the forefront of electrification with its groundbreaking EcoFlux magnets, unleashing a new era of high-efficiency, low-carbon energy production, and mobility. In a world facing resource pressures and foreign dependency on China for rare earth magnets, Noveon Magnetics stands tall with its strengths. 

Their state-of-the-art technology allows them to create superior magnets with minimal rare earth elements and a fraction of the energy used in traditional mining and manufacturing. By leveraging an abundant alternative source of magnetic materials and implementing a decentralized supply chain, they ensure a steady and stable supply while preserving our planet. Noveon Magnetics takes pride in its patented products and processes, prioritizing end-of-life recycling and reducing environmental impact by an astounding 50%. With Noveon Magnetics, energy evolves to create a sustainable future for generations to come.