Neo's Rare Earth Separation Facility
Sector: Warehouse • Location: Estonia
Source: Bitget
Neo Performance Materials of Canada has established a rare earth separation facility in Estonia to reduce Europe's reliance on China for rare earth magnets. The facility has a starting capacity of 2,000 metric tons annually, with plans to expand to 5,000 tons. It includes a heavy rare earth separation line producing terbium and dysprosium, essential for high-performance magnets used in electric ve
- Status
- Under Construction
- Sector
- Warehouse, Electric Vehicles (EVs), Wind, Automotive, Manufacturing (Industrial)
- Location
- Estonia
- Updated
- 22 Jul 2026
- Source
- Bitget
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Neo Performance Materials of Canada has established a rare earth separation facility in Estonia to reduce Europe's reliance on China for rare earth magnets. The facility has a starting capacity of 2,000 metric tons annually, with plans to expand to 5,000 tons. It includes a heavy rare earth separation line producing terbium and dysprosium, essential for high-performance magnets used in electric vehicles and wind turbines. The project is supported by an €18.7 million EU grant and aims to build a vertically integrated European rare earth supply chain. |
Original sector | Industrial |
Budget |
Location
Country | Estonia |
Source
Source | Bitget |
URL |
More Details
Record type | Project |
Sector | Warehouse, Electric Vehicles (EVs), Wind, Automotive, Manufacturing (Industrial) |
Article published date | 2026-04-13 |
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