Neo Performance Materials Inc T.NEO

Alternate Symbol(s): NOPMF

Chemicals Specialty Chemicals

Neo Performance Materials Inc. is a Canada-based company, which is engaged in the green energy transition by manufacturing the building blocks of many technologies that enhance sustainability. The Company's segments include Magnequench, Chemicals and Oxides (C&O), Rare Metals and Corporate. The Magnequench segment manufactures bonded neodymium-iron-boron (NdFeB or neo) powders and bonded permanent magnets. This segment produces bonded magnets (Magnequench Magnets) made from its various Magnequench powder grades. The C&O segment manufactures and distributes a range of advanced industrial materials. Applications from these products include automotive catalysts, permanent magnetics, medical devices, and wastewater treatment. The Rare Metals segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium).

TSX:NEO - Post by User

Neo Performance Materials Inc

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Post by throwaway11on Dec 23, 2021 2:10pm

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Post# 34258754

Taking a position in the new year.

I think China is being underestimated in the impacts it could have on the entire world economy. Sources of everything we need to enter an increasingly computer driven world and also transition into a green economy are something China holds almost every card on.

Neo is fairly well valued right now but I would suggest this is a very good long term hold.

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