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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

Comment by throwaway11on Sep 21, 2024 8:50pm
132 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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