Magnequench Archives - Neo Performance Materials

Neo Materials Rare Earth Magnet Facility In Europe

Neo Launches Construction of Permanent Rare Earth Magnet Facility

July 7, 2023

Neo Magnequench, a division of Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX: NEO), is pleased to announce the launch of its new first rare earth magnet manufacturing facility in Europe. Based in Narva, Estonia, the plant expects to support the development of about 1.5 million electric cars by 2025. Additional applications include wind turbine manufacturing and other clean transportation, and energy solutions.

Neo Performance Materials Reports Third Quarter 2022 Results

November 11, 2022

Neo Performance Materials Inc. released its third quarter 2022 financial results.

Blue and silver model of connected elements

Neo Publishes Inaugural Sustainability Report on Environmental, Social & Governance Performance and Initiatives

May 24, 2022

Neo announces the publication of its inaugural Sustainability Report which provides information to shareholders, customers, industry partners, employees, and stakeholders on the Company’s environmental, social, and governance performance in 2021.

Neo’s High-Purity Heavy Rare Earth Separations Plant in Jiangyin, China Reopens Following 12 -Day Lockdown

May 18, 2022

Neo is pleased to announce that its high-purity heavy rare earth separations facility in Jiangyin (JAMR), China has reopened for full operations after being shut down for 12 days following a government-mandated and city-wide lockdown order.

Neo Performance Materials Reports Record First Quarter 2022 Results

May 13, 2022

Neo Performance Materials reports record first quarter 2022 results.

Neo Fourth Quarter 2019 Earnings Release & Conference Call

Neo Performance Materials Reports Strong Fourth Quarter and Year-End 2021 Results

March 10, 2022

Neo reported strong year-over-year gains in revenue, volumes, operating income, Adjusted EBITDA, and profitability in the year ended December 31, 2021.

Neo Magnequench Facility in Korat, Thailand Earns a Gold Medal from EcoVadis for its 2021 Sustainability Performance

February 22, 2022

Two Neo Magnequench facilities earn gold and silver medals from EcoVadis for their 2021 sustainability performance.

Joint Communiqué Rare Earth Product Manufacturing In Estonia

Joint Communiqué in Support of Expanding Valued-Added Rare Earth Product Manufacturing in Estonia

November 17, 2021

A joint communiqué has been issued in support of expanding valued-added rare earth product manufacturing in Estonia.

Neo Performance Materials Reports Strong Second Quarter 2021 Results

August 12, 2021

Neo Performance Materials Inc. (TSX: NEO) released its second-quarter 2021 financial results, reporting a record $135.1 million of revenue with very strong profitability.

Neo Performance Materials to Expand NdFeB Magnet Manufacturing Capacity in Response to Increasing Demand

August 18, 2020

TORONTO, Canada, August 18, 2020 – Neo Performance Materials Inc. (“Neo“, the “Company“) (TSX:NEO) is pleased to announce that, due to increased demand, its Magnequench