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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

Metals & Mining Industrial Metals & Minerals
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 > Help!
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Post by templetooth2on Jun 14, 2024 10:19am
179 Views
Post# 36089048

Help!

Help!I don't understand this move at all. "Strategic review" is business-speak for "For Sale". Why would you put yourself up for sale when prices for everything related to rare earths are in the toilet?

The magnet plant in Estonia is about a year and a bit from end of construction, as I understand it. Is this an opportune time to sell? 

I am hoping that somebody here with far greater insight into the company's inner workings can shed some light on this mysterious and baffling announcement.
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Dealroom for high-potential pre-IPO opportunities