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Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

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

Post by Possibleidiot01on Jul 08, 2022 11:25am
203 Views
Post# 34811014

Turkey discovery

Turkey discovery
Turkey Discovers 694 million mt of Rare Earth Element Reserves, with Infrastructure Construction Starting This Year
Jul 5, 2022 03:29CST
Source:SMM
The Turkish Ministry of Energy and Natural Resources recently announced on its official website that the government has discovered 694 million mt of rare earth elements in the Beylikova region of Eskiehir, Turkey.

SHANGHAI, Jul 5 (SMM) - The Turkish Ministry of Energy and Natural Resources recently announced on its official website that the government has discovered 694 million mt of rare earth elements in the Beylikova region of Eskiehir, Turkey. Energy and Natural Resources Minister Fatih said that the drilling work started in 2011 and that the samples collected were fully analysed, leading to the discovery of 694 million mt of rare earth elements. Fatih disclosed that the construction of industrial facilities is expected to start this year after the relevant R&D work is completed, with the ultimate goal of producing high value-added products.


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