Hastings Technology Metals and Neo Performance Materials sign a non-binding Heads of Agreement, outlining the framework for the parties to negotiate a binding commercial offtake agreement for the supply of rare earth concentrate from Stage 1 of the Yangibana Rare Earths Project.
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 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.
In this newly released video, Neo’s Constantine Karayannopoulos expounds on the business strategy behind the launch of a new rare earth supply chain to feed Neo’s Silmet processing facility in Estonia, the only commercial rare earth processing facility in Europe.
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 Performance Materials announces that the underwriters of its recent successful IPO have exercised the over-allotment option in part for the purchase of an additional 1,100,000 Common Shares at a price of $18.00 per Common Share.
Neo Performance Materials successfully closes its previously announced IPO initial by way of secondary offering of common shares by the Company’s majority shareholder, OCM Neo Holdings (Cayman), L.P., which sold 11,115,000 Common Shares at a price of $18.00 per share for total gross proceeds to the Selling Shareholder of $200,070,000.
Neo Chemicals & Oxides Europe reported today its successful outcome in the German Federal Patent Court in Munich on September 26, 2016 to invalidate several of Solvay’s patent claims on product composition in patent number EP0605274.
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