The Austin-based Urban Mining Company was founded in 2014 and specializes in developing a unique Magnet-to-Magnet recycling process. The company's magnets are perfect for applications where magnetic performance at elevated temperatures is crucial, and they can provide magnetic property data upon request. Urban Mining Company's recycling process is cost-effective and produces high-performance sintered NdFeB magnets from end-of-life and scrap-magnet feedstocks. Noveon Magnetics Inc. is the private US-based company that developed the patented Magnet-to-Magnet recycling process, which Urban Mining Company now uses.