Menu
Neo Performance Materials Inc. is listed on the Toronto Stock Exchange under the ticker symbol “NEO.” A profitable, dividend-paying company with a strong balance sheet and robust cash-flow generation, Neo is well positioned in markets that are forecast to see robust, long-term growth driven by multiple global macro trends. These trends include vehicle electrification, industrial automation, consumer electronics, energy efficient lighting, air and water pollution control, and greater use of superalloys.
Neo’s inaugural Sustainability Report provides details on the Company’s environmental, social, and governance performance in 2021. The Report also launches a formal reporting process that helps to explain and document Neo’s ongoing efforts to help fast-forward the world’s transition to a more sustainable and less carbon-centric future.
The report also highlights the many examples of how Neo’s rare earth and rare metal-based products are critical to the performance of many everyday and emerging products and technologies that advance sustainability and environmental protection.
Financial Results Filings
Neo has been awarded a grant of up to 18.7 million Euros from the Government of Estonia under Europe’s Just Transition Fund to help pay for the cost of constructing a state-of-the-art sintered rare earth permanent magnet manufacturing facility in Estonia.
Neo Performance Materials (TSX:NEO) will report its third-quarter results for the period ended September 30, 2022, before the Toronto market opens on Friday, November 11, 2022.
Neo (TSX: NEO) announced today the resignation of Zhe Zhao from the board of directors of the Company, effective immediately. Ms. Zhao was serving on the Board as a nominee of Oaktree Capital Management L.P. and had agreed to tender her resignation following the closing of the sale of substantially all of Oaktree’s interest in Neo. Yadin Rozov, who was also serving as a nominee of Oaktree, has agreed, at the request of the Board, to continue to serve as a member of the Board and the Board has determined Mr. Rozov to be independent.
Sustainability is not a buzzword at Neo. It is part of the DNA of our Company. Our advanced industrial materials are critical to technologies that reduce air and water pollution, achieve better fuel economy, increase energy efficiency, and reduce greenhouse gases and other air emissions. We also work hard to manufacture our products using sustainable practices that reduce environmental impacts throughout our supply chain. See examples of our commitment to sustainability in this video.
© 2022 NEO. All Rights Reserved.
