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Neo Performance Materials and Meteoric Resources Sign MOU for offtake of Caldeira Project in Brazil

Newswire.ca - Wed May 1, 6:00AM CDT

TORONTO AND WEST PERTH, Australia, May 1, 2024 /CNW/ - Neo Performance Materials Inc. ("Neo") (TSX: NEO) has entered in to a non-binding Memorandum of Understanding (the "MOU") with Meteoric Resources NL ("Meteoric") (ASX: MEI) for offtake of 3,000 metric tonnes (MT) total rare earth oxide ("TREO") per year from Meteoric's Caldeira Project (the "Project") in Minas Gerais, Brazil, to supply Neo's magnet manufacturing plant

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