Neo Performance Materials position in the supply chain for rare earths based products It is the non-Chinese model for any venture seeking to enter or assemble a total rare earths permanent magnet supply chain.” “Neo Performance Materials is today, the only Western company that is vertically integrated with the capability and commercial scale capacity to separate the rare earths, manufacture rare earth metals and alloys, and manufacture rare earth permanent magnets. In the above article global rare earths expert Jack Lifton quotes his view on Neo Performance Materials stating: Neo Performance Materials looks to expand capacity as it rides the tailwind of growing rare earth permanent magnet demand.You can read more about Neo Performance Materials in my linked article below. The Company is unique in the way it is positioning itself as the only non-Chinese processor of rare earth materials into separated rare earth chemicals that are then used internally to produce rare earth fine chemicals, metals, alloys, and “bonded” rare earth permanent magnets. Neo Performance Materials returned shareholders a 49% gain in 2021 and offers investors a similar early stage (to get in) opportunity, albeit this time in rare earths processing and permanent magnets materials.įor investors who believe success breeds success (as I do), and who look to follow star performers then I suggest you take a closer look at Neo Performance Materials. He is also the President and Chief Executive Officer of Neo Performance Materials Inc. And that is Neo Lithium Chairman Constantine Karayannopoulos, who served on the Neo Lithium Board from February 9, 2016. Waldo Perez, (who also discovered Lithium Americas Cauchari Project) and its CFO, Carlos Vincens, played a huge role in the success of Neo Lithium, there is another person of interest. While there is no doubt that Neo Lithium President & CEO, Dr. But there is a another ‘Neo’ to consider. The announcement stated: “Subject to obtaining all required approvals and satisfying all required conditions, the Transaction is expected to close in the first quarter of 2022….Following closing of the Transaction, the Common Shares will be de-listed from the TSX Venture Exchange.” There is the option for investors to buy into China copper-gold miner Zijin Mining Group ( SHA: 601899) (HK: 2899) if they wish to still have exposure to Neo Lithium’s prized 3Q Project, whose Environmental Impact Assessment (EIA) was recently approved by the Catamarca Government in Argentina.Įffectively this ends the story for investors in Neo Lithium. 91.42% of shareholder votes were in favour of the transaction. As announced on DecemNeo Lithium shareholders approved the arrangement effectively selling their shares in Neo Lithium to China’s Zijin Mining Group at C$6.50 a share.
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