Latest Neo Performance Materials News & Updates

See the latest news and media coverage for Neo. We track all announcements, press releases, and industry mentions in real time, all in one place.

Neo Performance Materials (Neo)

Advanced industrial materials manufacturer

neomaterials.com

Headquarters: Toronto, Canada
Founded year: 2018
Company type: Public company
Number of employees: 1,000–5,000
Industry: Specialty Chemicals

Last updated Today

Latest news about Neo Performance Materials (Neo)

In short: Neo reported record Q2 2026 earnings, raised its annual guidance, and partnered with Carester to strengthen European rare earth supply.

Company announcements

Yesterday Neo

Neo closes sale of Greenland rare earth asset

The deal includes US$20 million plus equity shares. Neo retains a significant stake and preserves offtake rights while pivoting to its core downstream strategy.

August 31 Neo

Neo partners with Carester to strengthen European rare earth supply

The collaboration secures heavy rare earth oxides and expands recycling capacity at the Estonian Silmet facility to build a circular critical minerals market.

August 12 Neo

Neo makes its Q2 2026 earnings webcast recording available

The video features executives reviewing quarterly financial performance, operational highlights, and strategic projections for the remainder of the year.

August 11 Neo

Neo reports second consecutive record quarterly earnings

Quarterly revenue reached $205.7 million while adjusted EBITDA rose to $57 million, prompting management to raise full-year guidance to $140–150 million.

Media coverage

August 28 Financial Times

Neo Completes Transfer of Sarfartoq Interest to Greenland Mines

Neo receives cash and shares of Greenland Mines, retaining an equity stake and offtake rights in the Sarfartoq Project.

August 2 Ad hoc news

Neo Performance Shares Give Back Gains Despite Record Quarter

Investors who watched Neo Performance Materials hit a fresh 52-week high on Monday might have expected Tuesday's earnings release to fuel another leg higher.

July 8 Financial Times

Neo Performance Materials Raises Full-Year 2026 Adjusted EBITDA Guidance

Neo now expects Adjusted EBITDA of $140-$150 million, up from prior guidance of $100-$110 million Prices for critical materials, including hafnium, gallium and rare earth...

May 28 AOL

Neo Performance Materials Announces Completion of C$115 Million Bought Deal Treasury Offering of Common Shares

TORONTO, May 28, 2026 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) (OTCQX: NOPMF) is pleased to announce that it has...

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