11:46 AM EST - Neo Performance Materials Inc. : Today announced that it has entered into a binding term sheet with Carester SAS, a French rare earth technology company currently building a recycling and heavy rare earth separation facility, Caremag, in Lacq, France, creating a strategic partnership to further advance Neo's strategy of strengthening its rare earth magnetics supply chain across Europe. Neo Performance Materials Inc.
shares T.NEO are trading down $0.63 at $31.82.
