Neo Performance Materials Inc. ("Neo") (TSX: NEO) released its first quarter 2024 financial results. The financial statements and management's discussion and analysis ("MD&A") of these results can be viewed on Neo's web site at www.neomaterials.com/investors/ and on SEDAR+ at www.sedarplus.ca.
Australia's Meteoric Resources will supply 3,000 metric tonnes of rare earth oxide per year to Toronto-listed Neo Performance Materials under a preliminary agreement, the companies said on Thursday. Neo's rare earth separation factory in Estonia is expected to purchase the rare earth oxide from the initial output of Meteoric's Caldeira project in Brazil.
Neo Performance Materials Inc. ("Neo") (TSX: NEO) has entered in to a non-binding Memorandum of Understanding (the "MOU") with Meteoric Resources NL ("Meteoric") (ASX: MEI) for offtake of 3,000 metric tonnes (MT) total rare earth oxide ("TREO") per year from Meteoric's Caldeira Project (the "Project") in Minas Gerais, Brazil, to supply Neo's magnet manufacturing plant