European EV Manufacturers Rare Earth Estonia

Neo Performance Materials' $75 million magnet facility in Narva, Estonia, producing neodymium magnets for electric vehicles, with executives inspecting the plant and EV motors in the foreground, highlighting Europe's energy transition and supply chain security

On Friday, Neo Performance Materials, a Canadian business, will inaugurate a $75 million magnets facility in Narva, an industrial town in Estonia located over the river from Russia. Europe Secures EV Magnets Executives from Europe’s electric car sector are traveling to the sparsely populated northeastern regions of the continent to wait in line for rare-earth … Read more