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Neo Performance Materials Inc

RareEarth Index constituent since inception (May 1, 2026) · Profile as of the April 30, 2026 calculation date

Identifiers

Primary ticker
NEO.TO
TSX
Secondary
NOPMF (US OTC)
Domicile
Canada
Sector
Magnet & Alloy Manufacturing
Weight at inception (April 30, 2026)
10.00%
Cap-bound at 10%
Current weight
10.00%
Cap-bound at 10% · as of the Q3 2026 rebalance, September 18, 2026
Avg market cap
$693.7M
30-day average to April 30, 2026, USD

Operating jurisdiction

Estonia (Silmet REE separation); Thailand (Magnequench bonded NdFeB powders); China (multiple Magnequench plants); Germany (Narva sintered NdFeB plant under construction)

Sector classification

FY25 total revenue $478.8M (audited). Magnequench (REE-bearing NdFeB bonded magnets and powders): $204.6M = 42.7%. Chemicals & Oxides (Silmet REE separation): $126.5M = 26.4% (derived: total minus other two segments). Rare Metals (gallium, indium, hafnium — non-REE): $147.7M = 30.8%. REE-bearing revenue (Magnequench + C&O) = $331.1M = 69.2% of total — clearly majority of EV. Largest single segment is Magnequench → Magnet & Alloy Manufacturing.

Activity screen

Three operating segments per FY25: Magnequench (REE NdFeB magnets) $204.6M / Chemicals & Oxides (Silmet REE separation, only major non-Chinese facility besides Lynas) $126.5M / Rare Metals (gallium, indium, hafnium — non-REE) $147.7M. REE-bearing share = 69.2% of total revenue. Narva, Germany sintered magnet plant under construction. Source: Q4 2025 earnings release, Mar 2026.

Primary REE elements

Nd, Pr, Dy, Tb (Magnequench bonded magnets); Mixed LREE/HREE separated oxides (Silmet)

Liquidity

30-day avg market cap (USD)
$693.7M
90-day avg daily traded value (USD)
$3.96M

Trailing windows ending at the April 30, 2026 calculation date (methodology §4.3).

Sources

https://www.neomaterials.com/wp-content/uploads/2025/03/Neo-AIF-2025-vF.pdf (AIF) · FY25 MD&A · quarterly reports

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