Jack Lifton with Constantine Karayannopoulos from Neo Performance on the state of the rare earth market
In this InvestorIntel interview, Jack Lifton speaks to Constantine Karayannopoulos, President, CEO and Director of Neo Performance Materials Inc. (TSX: NEO). Jack asks Constantine where Neo’s future expansion will come from, what non-Chinese competitors they are facing, and if he believes there will be Canadian rare earth mines operating this decade.
In this InvestorIntel interview, which can also be seen on YouTube (click here to subscribe to the InvestorIntel channel), Jack thinks that no one has the product specialization as Neo and that they are the “go-to company for “Are rare earth products” outside of China. Neo Performance recently announced strong financial results for the first quarter. Revenue rose 44.3% yoy and EBITDA rose 132.6% yoy. With demand, volume and margins returning to solid pre-COVID levels in most Neo businesses, the company “came back very well,” Constantine said. With Europe in the driver’s seat for the electric vehicle supply chain, Constantine identified Europe as the high growth market for Neo and commented on the potential opportunity for Neo if Foxconn enters the electric car assembly business.
To watch the full interview, click here
About Neo Performance Materials
Neo makes the building blocks of many modern technologies that improve efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders and magnets, specialty chemicals, metals and alloys – are critical to the performance of many everyday products and new technologies. Neo’s products help deliver tomorrow’s technologies to consumers today. Neo’s business is divided into three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada;; with headquarters in Greenwood Village, Colorado, UNITED STATES; Singapore;; and Beijing, China. Neo operates worldwide with sales and production in 10 countries Japan, China, Thailand, Estonia, Singapore, Germany, United Kingdom, Canada, United States, and South Korea.
To learn more about Neo Performance Materials Inc., click here
Disclaimer: Neo Performance Materials Inc. is an advertorial member of InvestorIntel Corp.
These Interview conducted by InvestorIntel Corp. (IIC) neither contains a summary of all essential information about the “CompaniesTo be interviewed. IIC makes no representations or warranties that the information contained in this interview is correct or complete.
This presentation may contain “Forward-Looking Statements” within the meaning of applicable Canadian securities law. Forward-looking statements are based on the opinions and assumptions of management the company at the time of creation. you are inherently susceptible to uncertainties and other factors that could cause actual events / results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the company is not currently aware of or that the company currently believes to be immaterial, may also adversely affect the company’s business or any investment in the company.
Any Projections given are intended primarily for use as goals and are not intended as an assurance and should not be taken as a guarantee that the projected results will be achieved by the company. T.The assumptions used may prove to be incorrect and A possible decline in the company’s financial condition or results of operations could adversely affect the value of its securities. Prospectively Investors are encouraged to review the company’s profile on www.Sedar.com and conduct independent research to determine their interest in investing in the company.
If you have any questions about the content of this interview, please send an email to firstname.lastname@example.org.
Comments are closed.