Neo Performance Materials Launches Heavy Rare Earth Production in Estonia
Neo Performance Materials has successfully commissioned a heavy rare earth element (HREE) solvent extraction production line at its Silmet facility in Estonia. This marks a significant milestone in establishing advanced heavy rare earth separation capabilities in Europe. The facility has produced its first separated terbium and dysprosium solutions, essential for high-performance magnets used in various industries. This development supports Neo's strategy to create a vertically integrated rare earth magnetics value chain in Europe, enhancing supply chain security and diversification. 
