Powder metallurgy (PM) is a process that compacts metal powders into complex shapes and sinters them to form solid components, with applications primarily in automotive and tool industries. The PM process includes operations such as powder production through various methods (atomization, reduction, etc.), blending, compaction, and sintering, ultimately leading to finished parts. Sintering involves heating to create strong bonds between particles, and secondary operations may include coining, machining, plating, and infiltrating to enhance the part's properties.