Neo Performance Materials Inc. (TSX: NEO)
Canada flag Canada · Delayed Price · Currency is CAD
7.65
-0.18 (-2.30%)
Nov 20, 2024, 4:00 PM EST

Neo Performance Materials Company Description

Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally.

The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.

Its powders are used in the production of bonded permanent magnets that are components in automotive motors, pumps, micro motors, traction motors, sensors, and other applications.

The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalysts, consumer electronics, petroleum refining, hybrid and electric vehicles, and municipal and industrial wastewater treatment applications.

The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications.

The company was founded in 1994 and is headquartered in Toronto, Canada.

Neo Performance Materials Inc.
Neo Performance Materials logo
Country Canada
Founded 1994
Industry Specialty Chemicals
Sector Materials
Employees 1,912
CEO Rahim Suleman

Contact Details

Address:
121 King Street West
Toronto, Ontario M5H 3T9
Canada
Phone 416 367 8588
Website neomaterials.com

Stock Details

Ticker Symbol NEO
Exchange Toronto Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number CA64046G1063
SIC Code 1400

Key Executives

Name Position
Rahim Suleman Chief Executive Officer, President and Director
Jonathan Baksh Executive Vice President and Chief Financial Officer
Kevin D. Morris Executive Vice President and Chief Strategy Officer
Gregory K. Kroll Executive Vice President of Magnequench
Ali Mahdavi Capital Markets and IR Executive
Mohamad El- Mahmoud Executive Vice President of Rare Metals
Alexander D. Caldwell Corporate Secretary