Brief: Neo Performance Materials To Receive Grant Under Europe's Just Transition Fund For Neo's Estonia Manufacturing Plant

Neo Performance Materials

09/11/2022 12:43

Nov 9 (Reuters) - Neo Performance Materials Inc
 NEO.TO :
    * NEO PERFORMANCE MATERIALS TO RECEIVE FIRST-EVER GRANT
UNDER
EUROPE'S JUST TRANSITION FUND FOR NEO'S PLANNED SINTERED RARE
EARTH MAGNET MANUFACTURING PLANT IN ESTONIA
    * NEO PERFORMANCE-GRANT OF UP TO 18.7 MILLION EUROS WILL
HELP
ACCELERATE NEO'S PLANS TO CONSTRUCT VERTICALLY INTEGRATED RARE
EARTH MAGNET FACILITY IN EUROPE
    * NEO PERFORMANCE MATERIALS INC - NEO'S MAGNET PLANT WILL
INTEGRATE RECYCLING AND OTHER OPERATIONS THAT SUPPORT CIRCULAR
ECONOMICS

Source text for Eikon:  ID:nCNWtKTrWa 
Further company coverage:  NEO.TO 
 ((Reuters.Briefs@thomsonreuters.com;))