
VIDEO: Deutsche Welle – Estonia: Permanent magnet plant for EV motors
Produced by Juri Rescheto, Deutsche Welle. Click image below to watch Deutsche Welle’s coverage of our new facility in Narva, Estonia.
Produced by Juri Rescheto, Deutsche Welle. Click image below to watch Deutsche Welle’s coverage of our new facility in Narva, Estonia.
Neo Performance Materials will report its second-quarter results for the period ended June 30, 2023 before the Toronto market opens on Friday, August 11, 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 (TSX: NEO) announced today that the Toronto Stock Exchange has accepted a notice filed by Neo of its intention to make a Normal Course Issuer Bid for up to 3,585,011 of its issued and outstanding common shares. In connection with the Bid, the Company has entered into an automatic share purchase plan with its designated broker to allow for purchases of its Shares.
Neo Performance Materials Inc. (TSX: NEO) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 25, 2023 for the Annual General and Special Meeting of Shareholders were elected as directors of the Company.
Neo Performance Materials Inc. (TSX: NEO) announced today the appointment of Jonathan Baksh as Chief Financial Officer and Executive Vice President, to be effective June 19, 2023.
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 Performance Materials and Hudson Resources advance the Greenland Sarfartoq rare earth project after receiving government approval for license transfer.
Neo has acquired a controlling interest in SG Technologies Group Limited, one of Europe’s leading advanced, specialty manufacturers of rare-earth-based and other high-performance magnets for industrial and commercial markets.
Neo Performance Materials announces that effective January 1, 2023, Rahim Suleman, the Company’s current Chief Financial Officer, will assume the role of President.