Brief: Neo Announces Agreement To Sell Majority Equity Interest Of China Rare Earth Separation Assets For $30 Mln In Cash

Neo Performance Materials

20/08/2024 11:14

Aug 20 (Reuters) - Neo Performance Materials Inc
 NEO.TO :
    * NEO ANNOUNCES AGREEMENT TO SELL MAJORITY EQUITY INTEREST
OF
CHINA RARE EARTH SEPARATION ASSETS FOR USD $30 MILLION IN CASH
    * NEO PERFORMANCE MATERIALS INC - TO SELL 86% EQUITY IN JAMR
FOR
$25.6M
    * NEO PERFORMANCE MATERIALS INC - TO RETAIN 9% EQUITY IN
JAMR

Source text for Eikon:  ID:nCNWMcqdHa 
Further company coverage:  NEO.TO 

 ((Reuters.Briefs@thomsonreuters.com;))