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Neo Performance Materials reported strong profit increases in its full-year financial report for 2024, issued March 18. Highlights for its Neo Magnequench unit included a solid gain in earnings despite lower revenues, and continued progress in the construction of its new permanent magnet plant in Europe. In a separate announcement, the company reported on April 1 that as part of a corporate streamlining effort it completed the sale of most of its interest in a rare earth separations operation in China for about $28 million to an affiliate of Shenghe Resources. […]