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METALS & MINING | Specialty

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About Neo Material Technologies

Neo Material Technologies is a producer, processor and developer of neodymium-iron-boron magnetic powders, rare earths and zirconium based engineered materials and applications, and other rare metals and compounds through Magnequench and Performance Materials business divisions. Magnequench's Neo powders are used to produce bonded magnets, generally used in micro motors, precision motors, sensors and other applications requiring high levels of magnetic strength, flexibility, small size and reduced weight. Rare earth and zirconium applications include catalytic converters, computers, television display panels, optical lenses, mobile phones and electronic chips. The Company's rare metals products are primarily used in the wireless, LED, flat panel, turbine, solar and catalyst industries.In March 2012, Neo Material Technologies was acquired by Molycorp Minerals. The valuation of Neo Material Technologies was undisclosed. Other terms of the deal were not released.

Neo Material Technologies Headquarter Location

121 King Street West Suite 1740

Toronto, Ontario, M5H 3T9,



Latest Neo Material Technologies News

Deal Shows China’s Rare-Earth Sway

Mar 12, 2012

Deal Shows China's Sway in Rare-Earth Minerals By James T. Areddy Updated March 11, 2012 9:10 p.m. ET SHANGHAI—Molycorp Inc.'s $1.3 billion deal to acquire a key processor of rare-earth minerals has sparked a warning from industry officials that it could reinforce China as the main source for specialized magnets used in consumer electronics and sophisticated weapons. Molycorp said Thursday it plans to buy Toronto-listed Neo Material Technologies Inc., one of the world's leading experts in chemistry needed to transform rare earths—minerals used in applications that range from car batteries to advanced weaponry—into... To Read the Full Story, Subscribe or Sign In Popular on WSJ

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Expert Collections containing Neo Material Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Neo Material Technologies is included in 1 Expert Collection, including Advanced Materials.


Advanced Materials

1,206 items

Startups developing new or improved materials (chemicals, alloys, etc.) that provide physical or functional advantages to basic materials.

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