TORONTO, Aug. 6, 2024 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) announced today it has entered an agreement to sell its equity ownership interest (the "Transaction") in Neo Rare Metals (Oklahoma), LLC ("Quapaw") to Kevin Reading, the current General Manager and co-founder of the facility (the "Purchaser"). This Transaction continues Neo's drive to simplify its business globally by focusing on portfolio assets that reflect the Company's scale and growth ambitions in a competitive global business environment.
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