TORONTO, Canada, February 28, 2025—Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX:NEO) announces that the Regional Court of Mannheim, Germany issued a judgement (the
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 announces that Constantine Karayannopoulos will retire from Neo in July 2023 and will be succeeded by Neo President and Interim Chief Financial Officer Rahim Suleman.
Neo reports that the nominees listed in the management information circular dated May 16, 2022, for the 2022 Annual Meeting of Shareholders were elected as directors of the Company
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.
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.
Andrew Bell, host of BNN/Bloomberg’s “Commodities” news show, today interviewed Constantine Karayannopoulos, Chief Executive Officer of Neo Performance Materials on the Company’s unique position in the rare earth industry and its strategies for growth as a supplier of critical rare earth materials to technologies that advance sustainability goals.
Neo will report its fourth-quarter results for the period ended December 31, 2020, before the Toronto market opens on Monday, March 22, 2021.
Neo is pleased to announce that it and funds managed by Oaktree Capital Management, L.P. have entered into an agreement with Paradigm Capital Inc., on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from the Selling Shareholders 4,500,000 common shares of the Company at a price of $15.75 per Common Share.
