NewsFlash / Rare Earth / ASM sells rare earth to Neo and renews the agreement
ASM sells rare earth to Neo and renews the agreement
iconJul 15, 2025 17:22
Source:SMM
ASM stated on July 15 that the company sold 2 kg of dysprosium metal and 2 kg of terbium metal to Neo from its Korean metallization plant. The company also sold 10 mt of Pr-Nd alloy to Neo, a Canadian producer, marking the latest in a series of Pr-Nd alloy sales to this Canadian producer, totaling 29 mt. ASM plans to maintain its sales relationship with Neo. ASM stated on July 15 that the two companies had signed a preliminary non-binding agreement to negotiate future sales transactions. ASM added that the preliminary agreement with Neo would last for 12 months.

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