Neo Secures Contract for EV Magnet Supply in Europe
Neo Performance Materials’ wholly-owned subsidiary in Estonia, NPM Narva OÜ, bagged the supply of sintered rare earth magnets to a European Tier 1 supplier of electric vehicle traction motors. The contract represents about 35 per cent of the finished magnet…
Neo Breaksground Of European Permanent Rare Earth Magnet Plant To Support EV And Wind Turbine Manufacturing
Neo Magnequench, a division of Neo Performance Materials Inc., has launched construction of the first rare earth magnet manufacturing facility in Europe designed to produce specialized rare earth permanent magnets for use in electric vehicles, wind turbines, and other clean…
