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Neo Completes Sale of Quapaw Rare Metals Facility with Agreement for Gallium Purchase and Transfer
Jan 03, 2025•over 1 year ago
Contract Type
partnership
OklahomaManufacturing
Description
Neo Performance Materials Inc. has completed the sale of its equity ownership interest in Neo Rare Metals (Oklahoma), LLC to Kevin Reading, the current General Manager and co-founder of the facility. The Transaction includes a seven-year agreement for gallium purchase and transfer between Quapaw and the Company’s recycling facility in Peterborough, Ontario.
Company Information
Company
Neo Performance Materials
Location
Oklahoma, United States
About
Neo Performance Materials Inc. is a global leader in the innovation and manufacturing of rare earth and rare metal-based materials, with a focus on sustainability and environmental responsibility.
Predictive Intelligence
Strategic
ML-powered predictions for Neo Performance Materials's next move
OklahomaManufacturing