Announcement • Apr 27
Neo Performance Materials Inc., Annual General Meeting, Jun 17, 2026 Neo Performance Materials Inc., Annual General Meeting, Jun 17, 2026. Location: ontario, toronto Canada Announcement • Apr 22
Neo Performance Materials Inc. to Report Q1, 2026 Results on May 12, 2026 Neo Performance Materials Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 12, 2026 Announcement • Apr 12
Neo Performance Materials Inc. Successfully Commissions Heavy Rare Earth Separation Small-Scale Production Line in Europe Neo Performance Materials Inc. announced the successful commissioning of its heavy rare earth element solvent extraction small-scale production line at its Silmet facility in Estonia. The solvent extraction line is operating at nameplate capacity, with efforts now focused on delivering stable product purity prior to transitioning to routine production capacity. The operation has produced its first separated terbium and dysprosium process solutions, pre-cursor products for metal making, from mixed rare earth carbonate feedstock, with all processing completed entirely in Europe. This achievement validates the technical robustness and operational reliability of the Silmet HREE solvent extraction line under continuous operating conditions and marks a significant milestone in establishing advanced heavy rare earth separation capability in Europe. Dysprosium and terbium are essential inputs for high-performance sintered rare-earth permanent magnets used in robotics, electric-vehicle traction motors, wind turbines, and industrial automation applications. By developing this separation capability at Silmet, Neo is advancing a secure, Europe-based supply of these critical materials to support its growing magnet manufacturing operations and to serve the broader strategic objectives of supply chain diversification. Neo's heavy rare earth separation initiative complements its European Permanent Magnet facility in Estonia, which is advancing through customer qualification milestones, with commercial production expected to ramp later in 2026. Announcement • Mar 19
Neo Performance Materials Inc. announces Quarterly dividend, payable on March 26, 2026 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on March 26, 2026, ex-date on March 19, 2026 and record date on March 19, 2026. Announcement • Mar 05
Neo Performance Materials Inc. to Report Q4, 2025 Results on Mar 19, 2026 Neo Performance Materials Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 19, 2026 Announcement • Nov 16
Neo Performance Materials Inc. Declares Quarterly Dividend, Payable on December 29, 2025 Neo Performance Materials Inc. declared quarterly dividend of CAD 0.10 per common share was declared on November 11, 2025, for shareholders of record on December 19, 2025, with a payment date of December 29, 2025. Announcement • Oct 10
Neo Performance Materials Inc. to Report Q3, 2025 Results on Nov 14, 2025 Neo Performance Materials Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 14, 2025 Announcement • Aug 13
Neo Performance Materials Inc. announces Quarterly dividend, payable on September 26, 2025 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on September 26, 2025, ex-date on September 16, 2025 and record date on September 16, 2025. Announcement • Jul 22
Neo Performance Materials Inc. to Report Q2, 2025 Results on Aug 12, 2025 Neo Performance Materials Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 Announcement • Jun 27
Neo Performance Materials Inc. Approves Board Elections Neo Performance Materials Inc. announced that the shareholders approved election of Jonathan Evans and Paul Mascarena as directors of the company. Announcement • May 12
Neo Performance Materials Inc., Annual General Meeting, Jun 26, 2025 Neo Performance Materials Inc., Annual General Meeting, Jun 26, 2025. Location: ontario, toronto Canada Announcement • Apr 28
Neo Performance Materials Ships First Magnet Samples Produced At New European Facility to Its Tier 1 Traction Motor Customer Neo Performance Materials Inc. announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo's commitment to providing high-performance materials for the electric vehicle market. Key Highlights: Neo has produced 18,000 assembled magnet pieces as part of the initial production samples. The magnets are EV traction motor grade and represent an important technical milestone. The magnet samples will be assembled into traction motors for performance testing by the Tier 1 customer and OEM. Production part approval process products are scheduled for the first half of 2026, with mass production to start later in that year. With over 30 years of experience in rare earth magnetics, Neo has built a reliable global supply chain that enhances its ability to serve the automotive sector. This deep industry expertise is expected to position Neo to successfully scale its new sintered magnet facility in Narva, Estonia, and support growing demand. The facility is strategically located near Neo's rare earth separation facility in Sillamae, Estonia, which is expected to allow for vertical integration of operations and efficient production processes in the future. The facility is projected to have an initial production capacity of 2,000 metric tonnes annually, with plans to scale to 5,000 metric tonnes annually. This USD 75 million facility was supported by an up to EUR18.7 million grant from the EU's Just Transition Fund and a USD 50 million credit facility from Export Development Canada, with construction to be completed in 2025. European Commission President Ursula von der Leyen recognized the facility as a significant advancement for Estonia and Europe at the groundbreaking in June 2023. The facility represents one of Europe and the world's most strategic critical materials projects in rare earth magnetics outside of Asia. The expansion will help Neo meet strong demand for high-performance magnets in EVs and other applications. Announcement • Apr 17
Neo Performance Materials Inc. to Report Q1, 2025 Results on May 09, 2025 Neo Performance Materials Inc. announced that they will report Q1, 2025 results Pre-Market on May 09, 2025 Announcement • Apr 02
Shenghe Resources Holding Co., Ltd (SHSE:600392) completed the acquisition of 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $24.6 million. Shenghe Resources Holding Co., Ltd (SHSE:600392) agreed to acquire 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $25.6 million on August 20, 2024. A cash consideration of $25.6 million will be paid by Shenghe Resources Holding Co., Ltd. The Transaction is subject to approval by regulatory authorities in China and transaction is expected to close in Q4 2024. The transaction is now expected to close in Q1 2025.
Shenghe Resources Holding Co., Ltd (SHSE:600392) completed the acquisition of 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $24.6 million on April 1, 2025. Announcement • Mar 19
Neo Performance Materials Inc. announces Quarterly dividend, payable on March 27, 2025 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on March 27, 2025, ex-date on March 18, 2025 and record date on March 18, 2025. Announcement • Feb 21
Neo Performance Materials Inc. to Report Q4, 2024 Results on Mar 18, 2025 Neo Performance Materials Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 18, 2025 Announcement • Jan 01
Kevin Reading completed the acquisition of 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.5 million. Kevin Reading has entered into an agreement to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) on August 6, 2024. Under the terms of agreement, Kevin Reading paid $1.4 million plus cash on closing, subject to normal closing adjustments which is at a valuation of 9x EBITDA on a trailing twelve-month basis. The Transaction is subject to customary conditions to closing and is expected to close in the third quarter of 2024. The transaction is expected to close during the second half of 2024.
Kevin Reading completed the acquisition of 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.5 million on December 31, 2024. Announcement • Nov 15
Neo Performance Materials Inc. Declares Quarterly Dividend, Payable on December 27, 2024 Neo Performance Materials Inc. announced that A quarterly dividend of CAD 0.10 per common share was declared on November 13, 2024, for shareholders of record on December 17, 2024, with a payment date of December 27, 2024. Announcement • Oct 29
Neo Performance Materials Inc. to Report Q3, 2024 Results on Nov 14, 2024 Neo Performance Materials Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Announcement • Aug 09
Neo Performance Materials Inc. Quarterly Dividend, Payable September 27, 2024 Neo Performance Materials Inc. quarterly dividend of CAD 0.10 per common share was declared on August 8, 2024, for shareholders of record on September 17, 2024, with a payment date of September 27, 2024. Announcement • Aug 07
Kevin Reading agreed to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.4 million. Kevin Reading agreed to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.4 million on August 6, 2024. The Transaction is subject to customary conditions to closing and is expected to close in the third quarter of 2024. Announcement • Jul 24
Neo Performance Materials Inc. to Report Q2, 2024 Results on Aug 09, 2024 Neo Performance Materials Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 09, 2024 Announcement • Jul 22
Neo Performance Materials Inc. Announces Board and Committee Changes Neo Performance Materials Inc. announced that it has appointed Dr. John McGarva to its Board of Directors (the "Board") as an independent director, and to the Audit Committee of the Board, effective immediately. The Company also announced that Yadin Rozov has determined to step down from the Board and the Audit and Corporate Governance & Nominating Committees as of July 22, 2024. Dr. McGarva is a seasoned leader in product development and manufacturing, with experience spanning healthcare, industrial, and consumer electronics industries. His extensive international experience includes leadership roles across Europe, Southeast Asia, and China. Dr. McGarva recently retired as Head of Engineering at Dyson, where he led the design engineering of the company's entire haircare product line, guiding teams in Singapore, the Philippines, and the UK. Under his leadership, Dyson's haircare business evolved from a single product to a significant business unit. A key element of Dyson haircare products is the integration of permanent magnets and this expertise positions Dr. McGarva to offer customer insights and strategic direction to Neo. Prior to his tenure at Dyson, he held several high-profile leadership roles in technology and innovation companies, specializing in design, engineering, and manufacturing. Dr. McGarva's knowledge and practical experience of product development and manufacturing will be an exceptional asset to the Board. Announcement • Jun 15
Neo Performance Materials Inc. Forms Special Committee of Independent Directors to Lead A Comprehensive Strategic Review Process to Consider Opportunities to Maximize Shareholder Value and Appoints John McGarva to the Board Neo Performance Materials Inc. announced that the board of directors of Neo (the "Board") has formed a Special Committee of independent directors to lead a comprehensive strategic review process to consider opportunities to maximize shareholder value. The Special Committee intends to retain an independent financial advisor, in addition to other advisors it may retain, to support the strategic review process. The Special Committee, aided by its advisors and the Company's management team, will oversee the evaluation of Neo's current strategy, assets, operations, and capital structure. The strategic review will consider various strategic alternatives for Neo. These could include, among other things, the sale, divestiture, merger or other business combination of a portion of Neo's business-unit assets, strategic investments, partnerships or joint ventures, changes in Neo's capital structure, capital allocation, or other transactions. The review will also encompass the Company's compensation plans and practices, to ensure that they appropriately align management incentives with the interests of shareholders. Neo also announced, that following constructive engagement and lengthy consultation with Hastings Technology Metals Ltd. ("Hastings"), a significant shareholder of the Company, the Board has determined to appoint Dr. John McGarva to the Board before the Company releases its second quarter 2024 results. Hastings and Dr. McGarva have confirmed that he is independent of Hastings. The strategic review process is not being undertaken at the request of Hastings. Dr. McGarva is a seasoned leader in product development and manufacturing, with experience spanning healthcare, industrial, and consumer electronics industries. His extensive international experience includes leadership roles across Europe, Southeast Asia, and China. Dr. McGarva recently retired as Head of Engineering at Dyson, where he led the design engineering of the company's entire haircare product line, guiding teams in Singapore, the Philippines, and the UK. Under his leadership, Dyson's Haircare business evolved from a single product to a significant business unit. A key element of Dyson haircare products is the integration of permanent magnets and this expertise positions Dr. McGarva to offer customer insights and strategic direction to Neo. Prior to his tenure at Dyson, he held several high-profile leadership roles in technology and innovation companies, specialising in design, engineering, and manufacturing. Dr. McGarva's knowledge and practical experience of product development and manufacturing will be an exceptional asset to Neo's board. Announcement • May 01
Neo Performance Materials Inc. Announces Executive Changes Neo Performance Materials Inc. announced that Jeff Hogan, Executive Vice President, Chemicals & Oxides, will retire from the Company on September 30, 2024, after leading the Chemicals & Oxides business unit for the last twelve years. Mohamad El-Mahmoud, currently the Executive Vice President, Rare Metals at Neo will take additional responsibilities as Executive Vice President, Chemicals & Oxides and Rare Metals, upon Mr. Hogan's retirement. Since joining Neo in November 2023, as Executive Vice President, Rare Metals, Mr. El-Mahmoud has successfully completed the operational transformation of Neo's Silmet facility in Estonia to improve business performance of its high-purity rare metals production. Prior to joining Neo, Mr. El-Mahmoud held successively senior positions with a leading global fluid solutions provider which included: (i) establishing production facilities; (ii) driving the transformation of a product offering from pure internal combustion engine (ICE) to hybrid and battery electric vehicle (BEV) technology; and (iii) overseeing 75 engineers as General Manager of the European Technical Center in Germany. Mr. El-Mahmoud has held senior leadership positions in Business Development, Engineering and Operations in various regions including North America, Europe and China. He holds a Bachelor of Science degree in Aeronautics and Space Engineering from the Aachen University of Applied Science. Announcement • Apr 28
Neo Performance Materials Inc. to Report Q1, 2024 Results on May 10, 2024 Neo Performance Materials Inc. announced that they will report Q1, 2024 results Pre-Market on May 10, 2024 Announcement • Apr 05
Neo Performance Materials Inc., Annual General Meeting, Jun 19, 2024 Neo Performance Materials Inc., Annual General Meeting, Jun 19, 2024. Announcement • Feb 28
Neo Performance Materials Inc. to Report Q4, 2023 Results on Mar 15, 2024 Neo Performance Materials Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 15, 2024 Announcement • Nov 12
Neo Performance Materials Inc. Announces Quarterly Dividend, Payable on December 28, 2023 Neo Performance Materials Inc. announced a quarterly dividend of CAD 0.10 per common share was declared on November 9, 2023 for shareholders of record at December 18, 2023, with a payment date of December 28, 2023. Announcement • Nov 02
Neo Performance Materials Appoints Mohamad El-Mahmoud as Executive Vice President, Rare Metals Neo Performance Materials Inc. announced the appointment of Mohamad El- Mahmoud as Executive Vice President, Rare Metals, of the Company. Mr. El-Mahmoud will replace Frank Timmerman, who has left the Company to pursue other opportunities.Mr. El-Mahmoud is a German national who left his role as business unit leader for a leading global fluid power solutions provider to lead the Rare Metals business unit of Neo. He held successively senior positions with that provider which included: (i) establishing production facilities; (ii) driving the transformation of a product offering from pure internal combustion engine (ICE) to hybrid and battery electric vehicle (BEV) technology; and (iii) overseeing 75 engineers as General Manager of the European Technical Center in Germany. Mr. El-Mahmoud has held senior leadership positions in Business Development, Engineering and Operations in various regions including North America, Europe and China. He began his career as an automotive powertrain systems designer with a power transmission belts and fluid power products provider and over the course of seven years, he played a pivotal role in expanding the company's operations in Asia by establishing multiple plants and engineering centers in Shanghai, Seoul, and Chennai. He holds a Bachelor of Science degree in Aeronautics and Space Engineering from the Aachen University of Applied Science. Announcement • Oct 26
Neo Performance Materials Inc. Appoints Hua Du to Its Board of Directors as an Independent Director Neo Performance Materials Inc. announced that it has appointed Mr. Hua Du to its Board of Directors (the "Board") as an independent director, effective immediately. Mr. Du has over 25 years of executive experience in a number of industries operating in Asian and global markets leading change in business models, overseeing plant construction, defining strategic plans and developing leadership teams. Mr. Du is currently serving as the Chief Executive Officer of a biotech-based animal nutrition business, with offices and operations across eight Asian countries. Previously, Mr. Du served for 11 years as President of Global Business Units and Executive Committee member at a leading global chemicals and materials company, including manufacturing and distribution of value added rare earth products. There, he led several global business units with revenues of EUR 5 billion, more than 10,000 employees, and technologies covering a wide range of end markets. Before that, he worked at a specialty chemicals manufacturer for 13 years, driving growth in Asia for its Electronic Materials Group. Mr. Du graduated from Peking University in China and holds a Doctor of Philosophy (Ph.D.) in organic chemistry from the University of Illinois Urbana-Champaign. The appointment of Hua Du increases the number of directors of Neo to seven, six of whom are independent. Announcement • Oct 25
Neo Performance Materials Inc. to Report Q3, 2023 Results on Nov 10, 2023 Neo Performance Materials Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 10, 2023 Announcement • Aug 12
Neo Performance Materials Inc. Announces Quarterly Dividend, Payable on September 29, 2023 Neo Performance Materials Inc. announced quarterly dividend of $0.10 per common share was declared on August 10, 2023 for shareholders of record at September 20, 2023, with a payment date of September 29, 2023. Announcement • Aug 03
Neo Performance Materials Inc. to Report Q2, 2023 Results on Aug 11, 2023 Neo Performance Materials Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 11, 2023 Announcement • Mar 02
Neo Performance Materials Inc. to Report Q4, 2020 Results on Mar 22, 2021 Neo Performance Materials Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 22, 2021 Announcement • Feb 19
Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 70.875 million. Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 70.875 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 4,500,000
Price\Range: CAD 15.75
Discount Per Security: CAD 0.7875
Transaction Features: Rule 144A Announcement • Dec 24
Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 47.58325 million. Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 47.58325 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 3,932,500
Price\Range: CAD 12.1
Discount Per Security: CAD 0.605 Announcement • Nov 03
Neo Performance Materials Inc. to Report Q3, 2020 Results on Nov 16, 2020 Neo Performance Materials Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 16, 2020 Announcement • Sep 21
Neo Performance Materials Inc.(TSX:NEO) dropped from S&P Global BMI Index Neo Performance Materials Inc.(TSX:NEO) dropped from S&P Global BMI Index Announcement • Jul 08
Neo Performance Materials Inc. Announces Management Changes Neo Performance Materials Inc. announced changes to its executive management team and Board of Directors. Neo's Board of Directors announced the appointment of Constantine E. Karayannopoulos as Chief Executive Officer of the Company, replacing Geoffrey R. Bedford, effective immediately. Mr. Karayannopoulos has worked in senior executive positions at Neo and its predecessor companies for more than 20 years, including as Director, President, and Chief Executive Officer of Neo Material Technologies from 2005 until NEM was acquired in June 2012.