Decades of Expertise.
Focused on Your Future.

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Quality You Can Depend On

Polaris is much more than a supplier of rare earth materials. We are focused on delivering solutions that put our customers in winning positions.

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Solutions You Can Count On

The expertise of our engineers combined with our strong supplier relationships allow us to design and develop innovative magnetic products as well as custom components. We understand the materials, the products, and the technology. And we’re experts at applying that knowledge to solve your business problems.

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Service You Can Trust

Our business is making your business better. We’ll do whatever we can to ensure your success—from holding training classes, assisting in the design and development of component parts, and conducting rigid quality testing to warehousing buffer inventory and working out customized payment plans. Your success is our success.

Performance by the Numbers

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6 PPM

2025 End-of-Year Quality Metric

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100%

On-Time Delivery Rate in 2025

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Global Expertise

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25+ Years

Founder experience in rare earth refining and magnet manufacturing

Our Team

Our team is what truly sets us apart, featuring a depth of expertise seldom found in the industry. Our founder, Mitch Spencer, was one of the early pioneers in the field, establishing one of the first plants in Tianjin, China, for refining rare earths to usable magnets.

Mitchell Spencer

President & Founder, Professional Engineer (PE), B.S. in Materials Engineering

Brenda Spencer

Executive Assistant

Trent Powell

VP, Business Development

Jeff Mills

Director of Quality & Supply Chain

Gary Maynard

Inside Sales & Logistics

Cynthia Tang

Manager of Materials & Logistics

History

Polaris Rare Earth Materials was founded in 2001 by a group of industry experts who shared the vision of providing quality rare earth products. The company’s president, Mitchell Spencer, recognized the necessity for U.S. companies to have a trusted resource after overseeing the design and construction of an NdFeB rare earth magnet facility in China starting in 1998. As the use of permanent magnets increased, Mitch co-founded Ningbo Northstar Electromechanical (NSE) in 2006 to control quality during the mass production of magnetic assemblies for automotive customers.

2001: 
Polaris Rate Earth
Materials Founded

1998?:
NdFeB rare earth magnet facility

1998?:
NdFeB rare earth magnet facility

1998?: NdFeB rare earth magnet facility

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