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Neo Performance Materials Inc. to Present at the Clean Energy Metals Virtual Investor Conference on August 28th
GlobeNewswire News Room· 2025-08-27 18:05
Company Overview - Neo Performance Materials Inc. is focused on advanced industrial materials and is headquartered in Toronto, Canada [5] - The company manufactures critical components for modern technologies, including magnetic powders, rare earth magnets, specialty chemicals, and alloys [5] - Neo operates in three segments: Magnequench, Chemicals & Oxides, and Rare Metals, with a global manufacturing presence [5] Recent Highlights - The company reported approximately $19 million in Adjusted EBITDA for Q2 2025, representing a year-over-year increase of about 42% [8] - Full-year 2025 Adjusted EBITDA guidance has been raised to a range of $64–68 million, up from the previous guidance of $55–60 million [8] - Neo secured additional Tier 1 and OEM customers in Europe, and its Permanent Magnet strategy was highlighted at the G7 Summit [8] - The construction of the Heavy Rare Earth Pilot Line at the Silmet Facility is advancing, with completion expected by the end of 2025 [8] Upcoming Events - Jonathan Baksh, Executive Vice President & Chief Financial Officer, will present at the Clean Energy Metals Virtual Investor Conference on August 28, 2025 [1] - The event will include live Q&A sessions, and an archived webcast will be available for those unable to attend [2]