Brief: Neo Performance Materials Says NPM Silmet Is Updating Its Manufacturing Processing Of Niobium And Tantalum

Neo Performance Materials

15/12/2023 12:25

Dec 15 (Reuters) - Neo Performance Materials Inc
 NEO.TO :
    * NEO PERFORMANCE MATERIALS INC: BEGINNING THIS WEEK, NPM
SILMET
IS UPDATING ITS MANUFACTURING PROCESSING OF NIOBIUM AND TANTALUM
    * NEO PERFORMANCE MATERIALS INC: CHANGE WILL NOT IMPACT
NEO'S
CURRENT RARE EARTH PRODUCTION OPERATIONS IN ESTONIA
    * NEO PERFORMANCE MATERIALS SEES CHARGE TO Q4 NET INCOME
INCLUDING
ABOUT $2-$3 MILLION NON-CASH CHARGE FOR IMPAIRMENT OF ASSETS
FROM PRODUCTION RE-ALIGNMENT

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

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