There are two principal neodymium m

There are two principal neodymium magnet manufacturing methods:

Classical powder metallurgy or sintered magnet process[8]
Rapid solidification or bonded magnet process
Sintered Nd-magnets are prepared by the raw materials being melted in a furnace, cast into a mold and cooled to form ingots. The ingots are pulverized and milled; the powder is then sintered into dense blocks. The blocks are then heat-treated, cut to shape, surface treated and magnetized.

As of 2012, 50,000 tons of neodymium magnets are produced officially each year in China, and 80,000 tons in a "company-by-company" build-up done in 2013.[9] China produces more than 95% of rare earth elements, and produces about 76% of the world's total rare-earth magnets.[5]

Bonded Nd-magnets are prepared by melt spinning a thin ribbon of the NdFeB alloy. The ribbon contains randomly oriented Nd2Fe14B nano-scale grains. This ribbon is then pulverized into particles, mixed with a polymer, and either compression- or injection-molded into bonded magnets. Bonded magnets offer less flux intensity than sintered magnets, but can be net-shape formed into intricately shaped parts, as is typical with Halbach arrays or arcs, trapezoids and other shapes and assemblies (e.g. Pot Magnets, Separator Grids, etc.).[10][not in citation given] There are approximately 5,500 tons of Neo bonded magnets produced each year.[when?][citation needed] In addition, it is possible to hot-press the melt spun nanocrystalline particles into fully dense isotropic magnets, and then upset-forge or back-extrude these into high-energy anisotropic magnets.