ENXTBR:SOLBChemicals
Will Solvay's (ENXTBR:SOLB) Rare Earth Deal Reveal Its Edge in Sustainable Supply Chains?
Noveon Magnetics and Solvay recently announced a multi-year supply agreement for light and heavy rare earth oxides, with Solvay providing Neodymium-Praseodymium, Dysprosium, and Terbium oxides, sourced partly from recycled materials, to support Noveon's production of permanent magnets starting in 2026. This collaboration advances a more resilient and sustainable domestic supply chain for rare earth magnets amid ongoing global supply risks and growing demand.
The agreement enhances Solvay's...