Neo Performance Materials has made a binding agreement with Hudson Resources to acquire an exploration license covering Hudson’s rare earth property in Greenland. The investment represents a key step in Neo’s mines-to-magnet vertical integration strategy and its plans to expand into rare earth permanent magnet manufacturing in Estonia. […]
Neo Performance Materials Inc. is pleased to announce that its 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 Performance Materials reports strong financial results for the most recent year with its Magnequench unit, considered a bellwether for the magnetics industry, rebounding dramatically in both sales volume and revenues amidst an environment of […]
Marking an important step in the creation of a new United States-to-Europe rare earth supply chain, the first container of mixed rare earth carbonate produced by Energy Fuels at its White Mesa Mill in Utah is en route to Neo Performance Material’s rare earth separations facility in Estonia. Additional shipments of the carbonate are expected to follow as Energy Fuels continues to process more of the natural monazite sand ore, mined in the American state of Georgia by Chemours, for both the rare earth elements and naturally occurring uranium that it contains. […]
Neo Performance Materials, considered a bellwether for the health of the magnetics industry and market, rebounded strongly from the Covid-19 slump in the most recent quarter with a gain of 44% in revenue over the […]
Neo Performance Materials reports a sharp rebound in business as automotive and industrial markets that it serves bounce back from the Covid-19 slump. Considered a bellwether of the magnetics industry, the company released on March 22 its financial […]
Neo Performance Materials and Energy Fuels Inc. are joining forces in a major new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of […]
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