• Neo Performance Materials’ third-quarter 2026 adjusted EBITDA more than doubled to USD 47.05 million, supported by favorable pricing and record bonded magnet volumes.
• Its European permanent magnet facility began commercial production in September, shipping sintered magnets to a Tier 1 electric vehicle traction motor customer.
• The European Integrated Magnet Project was selected for an EU Innovation Fund grant of up to USD 140 million.
• Full-year 2026 adjusted EBITDA guidance rose to USD 180 million–185 million from USD 140 million–150 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neo Performance Materials Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202611091900CANADANWCANADAPR_C3192) on November 10, 2026, and is solely responsible for the information contained therein.