Neo Materials on the synergies between the global rare earths’ supply and the real-world markets. In this episode of Critical Materials Corner, Jack Lifton
Neo’s European rare earth and rare metal processing facility in Estonia – the only operating commercial rare earth separations and rare metal processing plant in the European Union – has been awarded a Gold Medal by EcoVadis for its 2021 sustainability programs.
Neo reported strong year-over-year gains in revenue, volumes, operating income, Adjusted EBITDA, and profitability in the year ended December 31, 2021.
Neo will report its fourth-quarter results for the period ended December 31, 2021 before the Toronto market opens on Thursday, March 10, 2022.
Two Neo Magnequench facilities earn gold and silver medals from EcoVadis for their 2021 sustainability performance.
Neos management will host a teleconference call on Wednesday, December 1, 2021, at 11:00 a.m. (Eastern Time) to discuss the third quarter 2021 results and provide a business update.
A joint communiqué has been issued in support of expanding valued-added rare earth product manufacturing in Estonia.
Neo Performance Materials has completed the previously announced treasury and secondary offering of common shares of the Company, issuing and selling from treasury an aggregate of 2,598,000 Common Shares at a price of $19.25 per share for total gross proceeds to the Company of approximately $50.01 million.
Neo Performance Materials (TSX:NEO) reported strong year-over-year gains in revenue, volumes, operating income, Adjusted EBITDA, and profitability in the quarter ended September 30, 2021, driven largely by increased demand for products across all three of its operating divisions, higher selling prices for rare earth materials, and continuing progress in several of the Company’s strategic initiatives.