Recently application of metal additive manufacturing technology for permanent magnets is producing promising results. Oakridge Laboratory demonstrated higher material loading in a polymer is possible compared traditional bonded magnets producing higher energy magnets. AM offers a good opportunity to make permanent magnets out of material that are rapidly cooled like the Magna quench process. The cooling rates in the Laser melting process is rapid and forms fine grained microstructure. Currently rapidly quenched Magnaquench powders(flakes) can only be used in bonded magnets reducing the metal loading. Consolidation of flakes by compaction in hot die is also possible. AM offers an opportunity to make dense magnets directly to the shapes you need from the melt. Research on Magnaquench powders shows the effect of cooling rate on the magnetic properties. By controlling the cooling rate or by post heat treatment good magnetic properties can be achieved.