Neo Performance Materials Commissions Rare Earth Extraction Line in Estonia, Strengthening European Supply Chain

Published: Apr 13, 2026 16:53

Save

[SMM Rare Earth News Flash] Neo Performance Materials announced that the solvent extraction line at its Silmet plant in Estonia had been successfully commissioned, producing its first batches of terbium oxide and dysprosium oxide. The production line operated at nameplate capacity, achieving heavy rare earth separation using mixed rare earth carbonate raw materials. This move further strengthened the supply chain for Neo's first large-scale sintered magnet factory in Europe, located in Narva, with an annual capacity of 2,000 mt. Neo's CEO stated that the company now possessed both light and heavy rare earth processing capabilities, enabling it to supply secure, traceable, high-quality heavy rare earth materials to European permanent magnet factories.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

May 15, 2026 21:15

The Invisible Chip: Nine Years of China-US Rare Earth Gamesmanship Behind the "Terbium" Data (2017-2026)【SMM Analysis】

Trump's May 13-15, 2026 state visit starkly contrasts with his Nov 2017 trip, where $250B in deals epitomized globalization. Months later, in March 2018, a trade war erupted.

May 15, 2026 21:15

May 15, 2026 19:50

Pr-Nd Alloy Market Declines Amid Fluctuating Futures and Weak Demand This Week

May 15, 2026 19:50

May 14, 2026 18:28

Aldoro Resources Updates JORC Resource for Kameelburg, Confirming World's Largest Strontium Deposit

[SMM Rare Earth News Flash] ASX-listed Aldoro Resources announced an updated JORC-compliant Mineral Resource Estimate for its 85%-owned Kameelburg rare earth-strontium-niobium project in Namibia, confirming it as the world's largest co-product strontium deposit. At a 0.5% total rare earth oxide (TREO) cut-off grade, the Inferred Mineral Resource is 597 million mt at a TREO grade of 2.49%. The maiden strontium resource is 596 million mt at a strontium grade of 2.17%. The high-grade (TREO >1%) ore resource is 313 million mt at a TREO grade of 2.87%. Strontium can be used in permanent magnets, specialty glass, and national defense equipment. This resource update further highlights the project's unique strategic value.

May 14, 2026 18:28