Neo Performance Materials Inc (TSE:NEO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Neo Performance Materials Inc. has launched its modernized NAMCO facility in Zibo, China, aiming to bolster its position among the top producers of rare earth compounds for emissions control. The upgraded plant, which celebrated its grand opening with stakeholders, is receiving customer approvals and is on track to reach full production by late 2024. This expansion aligns with growing demands for cleaner energy solutions in the automotive industry.
For further insights into TSE:NEO stock, check out TipRanks’ Stock Analysis page.
