TORONTO, July 9, 2025 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX:NEO.TO) (OTCQX:NOPMF) today announced that it has been awarded the supply contract for a new platform of permanent rare earth magnets with a prominent European Tier 1 supplier of electric vehicle ("EV") traction motors to a major OEM. Both the Tier 1 and OEM represent new additions to Neo's growing customer base. This new commercial partnership further strengthens Neo's reputation as a preferred supplier to multiple automotive clients.
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