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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 neoscepticon Jun 13, 2023 1:12pm
288 Views
Post# 35494074

Hasting - new source

Hasting - new sourceI am happy that NEO bet on non-Chinese source. The reduciton of political risk without any extra costs.
Canadian company, with source of ore in Australia, with production in Estonia, with clients in Germany.
Pretty much shelterred form sanctions, resource nationalism, dictators' preferences, while maintaining competitive pricing, profitability, paying dividends, and keep growing. 
I think this company is one of those too small to notice, for now. 
In my opiniion, the company is undervalued, but healthy dividends compensate everthing.
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