On September 19th, 2025, Neo Performance Materials held a grand opening celebration for its new rare earth magnet manufacturing facilities in Narva, Estonia.
This new, state-of-the-art rare earth magnet facility marks a significant milestone for Neo, solidifying its commitment to becoming a leading producer of critical materials for the global electric vehicle and wind energy sectors.
Neo’s magnet plant NPM Narva OÜ in Estonia is playing a catalytic role in strengthening European supply chains for rare earth magnets, essential components for technologies in the net-zero and digital transitions.
"19. septembril 2025 korraldas Neo Performance Materials suurejoonelise avamistseremoonia oma uute haruldaste muldmetallide magnetite tootmistehastel Narvas, Eestis.
See uus, tipptasemel haruldaste muldmetallide magnetite tehas tähistab Neo jaoks olulist verstaposti, kinnitades oma pühendumust saada juhtivaks kriitiliste materjalide tootjaks ülemaailmses elektrisõidukite ja tuuleenergia sektoris.
Neo magnetitehas NPM Narva OÜ Eestis mängib katalüütilist rolli Euroopa tarneahelate tugevdamisel haruldaste muldmetallide magnetite jaoks, mis on olulised komponendid nullheite ja digitaalse ülemineku tehnoloogiates."
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