Pioneer Metals and Technology, Inc (PMT) is in the powdered metals business particularly Neodymium-Iron-Boron (NdFeB) permanent magnet powders and the design and production of permanent magnets and permanent magnet assemblies. PMT is also involved in the production and distribution of pure titanium and Ti6Al4V alloy powders, nickel powders and powdered alloys of the aerospace and industrial usage. These activities are largely carried out in Russia through Pioneer Metals International (PMI, 100% owned subsidiary) St.Petersburg and through Gradient in Koroliov Moscow Region, a 50/50 joint venture with kompozit a leading Russian materials company. In the US and the rest of the world PMT is heavily involved in the commercial development of the Neo-Line of Neodymium-Iron-Boron magnetic powder and magnets with special emphasis on low neodymium alloys based on materials licensed from Philips Electronics of the Netherlands.

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