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Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron (NdFeB or neo) magnets. The C&O segment manufactures and distributes a broad range of advanced industrial materials. The RM 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). These powders and bonded permanent magnets are used in motors, which are used in various automotive applications for hybrid, electric and internal combustion engine vehicles, and micro motors for household applications.


TSX:NEO - Post by User

Comment by throwaway11on Sep 21, 2024 8:50pm
67 Views
Post# 36235042

RE:RE:RE:New Press Release - Neo Opens State-of-the-Art Environmental Emissions Control Catalysts Production Facility in China

RE:RE:RE:New Press Release - Neo Opens State-of-the-Art Environmental Emissions Control Catalysts Production Facility in ChinaThe Biden administration is trying to westernize the supply chain of CPU fabrication;  I suspect Japan and others will likely follow suit to clean their supply chains as time goes on. They realize how extremely precarious it is to have an increasingly electrified, computerized world heavily reliant on a single large company in Taiwan, and on the precursors to CPUs being sourced from Chinese metallurgical and materials synthesis operations

There is a reason why there is a bipartisan push, almost across the entire western world, that we are not trying to put down further roots within China. They may be a big trading partner but it is not a reliable one. Things can change overnight.
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