Supplier · Canada
Neo Performance Materials
Updated HQ Toronto, CanadaFounded 20171001-5000 employeesTSX: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.
Capabilities3
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | Supplier | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Makes rare-earth chemicals and sintered magnets, specialty materials with evident defense use, though the text does not state it. | Reported |
| Permanent-magnet manufacturing | Supplier | Fielded | — | — | Reported |
| Rare-earth separation and refining | Supplier | Fielded | — | — | Confirmed |
- Supplierclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Makes rare-earth chemicals and sintered magnets, specialty materials with evident defense use, though the text does not state it.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Supply Chain4 inputs · 2 facilities
Produces, processes or develops4
| Input | Relation | Criticality | Capacity | Global share | Facility | Confidence |
|---|---|---|---|---|---|---|
| NdFeB permanent magnets | Produces | Critical | 2,000 tonnes/yr magnets | — | Narva magnet plant | Confirmed |
| Dysprosium | Processes | — | — | — | — | Reported |
| Dysprosium and terbium | Processes | Critical | — | — | Silmet rare earth separation plant | Confirmed |
| Terbium | Processes | — | — | — | — | Reported |
- Produces · 2,000 tonnes/yr magnets · Narva magnet plantPhase 1A; plan to scale to over 5,000 t/yr in Phase 1B.CriticalConfirmed
- ProcessesSeparated process solutions at Silmet; not a claim that finished elemental metal was produced.Reported
- Processes · Silmet rare earth separation plantSmall-scale heavy rare-earth separation line commissioned April 2026.CriticalConfirmed
- ProcessesSeparated process solutions at Silmet; not a claim that finished elemental metal was produced.Reported
Facilities2
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Narva magnet plant | Factory | Narva, Estonia | Operating · 2025 | Confirmed |
| Silmet rare earth separation plant | Refinery | Sillamäe, Estonia | Operating | Confirmed |
- Narva magnet plantFactory · Narva, EstoniaOperating · 2025Confirmed
- Silmet rare earth separation plantRefinery · Sillamäe, EstoniaOperatingConfirmed
Sources4
Profile2
- 1
Octen Business Search · Supports Organization · employee range, Organization · hq region, Organization · linkedin url
“employee_range: 1001-5000 (profile: 1001-5000 employees)”
- 2
Supports Organization · founded year
“The Company was incorporated on September 12, 2017, under the Business Corporations Act (Ontario).”
Technologies2
- 3CompanyNeo Successfully Commissions Heavy Rare Earth Separation Small-Scale Production Line in Europe
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”
- 4
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.