Bullboard - Stock Discussion Forum Neo Performance Materials Inc T.NEO

Alternate Symbol(s): NOPMF

Chemicals Specialty Chemicals

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... see more

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Neo Performance Materials Inc > Turkey discovery

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Post by Possibleidiot01 on Jul 08, 2022 11:25am

Turkey discovery

Turkey Discovers 694 million mt of Rare Earth Element Reserves, with Infrastructure Construction Starting This Year

Jul 5, 2022 03:29

CST

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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