Neo opens new magnet manufacturing facility in Estonia, boosting European presence

News
Supply Chain
ATI News Team

Neo's Narva facility aims to meet 15% of the EU's magnet demand, supporting EV and wind energy sectors

In a press release dated Sept. 22, Neo Performance Materials announced that it had opened its advanced permanent magnet manufacturing facility in Narva, Estonia, marking a pivotal development in its European presence.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload