Neo Performance Materials signs MOU with Rainbow Rare Earths for Phalaborwa rare earth offtake
Neo Performance Materials signed an MOU with Rainbow Rare Earths covering technical support, rare earth separation technology, and offtake from Phalaborwa, South Africa. Offtake rights cover 40% of annual separated NdPr oxide output, 65% of annual mixed heavy rare earth carbonate production. Neo will support design and