ODS superalloy is manufactured by mechanical alloying, a process that involves powder metallurgy technology.

Literal

ODS-super-alloy [topic-は] powder-metallurgy-technology [object-を] accompanying mechanical-alloy-method [by-により] is-manufactured.

A dense technical sentence from metallurgy. 伴う ('to accompany, involve') is the verb that turns 粉末冶金技術 into a modifier of メカニカルアロイ法. により is the formal version of によって ('by means of') — much more common in formal/technical writing. The suffix 法 (ほう) here means 'method, process', common in technical nomenclature: 電気分解法, 合成法, 抽出法, etc.