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Supplier · Canada

Neo Performance Materials

HQ Toronto, CanadaFounded 2017TSX:NEO

Canadian-listed maker of rare-earth chemicals, magnetic powders and magnets; runs the Silmet separation plant and a sintered magnet plant in Narva, Estonia.

Website

Technologies2

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

Supply chain2 inputs · 2 facilities

Produces, processes or develops2

  • Processes · Silmet rare earth separation plant
    Small-scale heavy rare-earth separation line commissioned April 2026.
    CriticalConfirmed
  • Produces · 2,000 tonnes/yr magnets · Narva magnet plant
    Phase 1A; plan to scale to over 5,000 t/yr in Phase 1B.
    CriticalConfirmed

Facilities2

  • Narva magnet plant
    Factory · Narva, Estonia
    Operating · 2025
    Confirmed
  • Silmet rare earth separation plant
    Refinery · Sillamäe, Estonia
    Operating
    Confirmed

Sources3

Profile1

  1. 1

    Supports Organization · founded year

    “The Company was incorporated on September 12, 2017, under the Business Corporations Act (Ontario).”

Technologies2

  1. 2

    Neo Performance Materials · Apr 10, 2026 · Supports Facility, Organization, Organization input, Organization technology

    “The operation has produced its first separated terbium and dysprosium process solutions, pre-cursor products for metal making”
  2. 3

    Neo Performance Materials · Sep 22, 2025 · Supports Facility, Organization, Organization input, Organization technology

    “projected to produce 2,000 mt/year of magnets in its first phase (1A), with plans to scale to over 5,000 mt/year in Phase 1B”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.