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Neo Performance Materials Inc

12:05 PM EST - Neo Performance Materials Inc : Has been awarded the supply contract for a new platform of permanent rare earth magnets with a prominent European Tier 1 supplier of electric vehicle traction motors to a major OEM. Both the Tier 1 and OEM represent new additions to Neo's growing customer base. This new commercial partnership further strengthens Neo's reputation as a preferred supplier to multiple automotive clients. Neo Performance Materials Inc shares T.NEO are trading up $0.79 at $15.37.