Constantine Karyannopoulos on Neo Performance Materials’ banner sales and profits in 2021

In a recent InvestorIntel interview with Tracy Weslosky, Neo Performance Materials Inc.’s (TSX: NEO) President, CEO and Director Constantine Karayannopoulos detailed Neo Performance’s dramatic rise in revenues and profits in 2021, the highest profits in the consistently profitable company’s history.  He then outlined his plans for Neo to maintain and continue an upward revenue and profits trajectory.  Constantine also said that Neo’s gold medal winning ESG audit for its (European) Estonian operations would be a goal for all of its worldwide operations.

The discussion also covered the variety of Neo’s products and their uses and markets not only in rare earths but also in other critical technology metals, including gallium, niobium, and tantalum for the electronics and specialty alloys industries.

Constantine pointed out that Neo Performance Materials is the most vertically integrated rare earths products manufacturer in the world outside of China, and one of only two niobium and tantalum processors in Europe. It is the only commercial separator of rare earths in Europe. All of its products are in high demand by the OEM automotive industry and the OEM semiconductor industry. Neo, he also said, is the leading manufacturer of bonded-type rare earth permanent magnets in the world, and their use in the OEM automotive industry is rapidly expanding.

To watch the full interview, click here

About Neo Performance Materials Inc.

Neo manufactures the building blocks of many modern technologies that enhance 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 emerging technologies. Neo’s products help to deliver the technologies of tomorrow to consumers today. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, US; Singapore; and Beijing, China. Neo operates globally with sales, research and development, and production across 10 countries, being Japan, China, Thailand, Estonia, Singapore, Germany, United Kingdom, Canada, United States, and South Korea.

To learn more about Neo Performance Materials Inc., click here

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2 responses

  1. Rare Earths Investor Avatar
    Rare Earths Investor

    Thanks for the discussion. Totally agree that ESG is going to impact the development of the RE sector going forward and may well be a delineating factor in ROW vs China consumer market entry for niche RE entities. End line manufacturers are likely to be held responsible for securing ESG compliant materials through their value chain and this will emphasize RE diversification globally, IMHO.

    1. Tracy Weslosky Avatar
      Tracy Weslosky

      Nice to see you REI, it’s been too long!

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