TSX:NEOChemicals
Learn Why The Bull Case For Neo Performance Materials (TSX:NEO) Could Change Following Rare Earth Supply Deal
Neo Performance Materials reported a past agreement with France based Carester SAS that links Neo’s European magnet facility to Carester’s planned heavy rare earth recycling and separation plant in Lacq, securing dysprosium and terbium oxides and formalizing toll processing through Neo’s Silmet operation in Estonia.
The closed loop plan to send Neo’s magnet swarf to Carester for recycling, then receive recovered rare earth oxides back, directly targets material efficiency, input certainty,...