Canada's Neo gains on MoU with Bosch
ReutersSep 19, 2025 2:41 PM
** Shares of Canadian rare earth company Neo Performance Materials NEO.TO up 2.73% at C$17.3
** NEO signs multi-year Memorandum of Understanding with Robert Bosch GmbH (Bosch)for high-performance magnets
** The deal solidifies Neo's role as a strategic supplier-of-choice for magnets to automotive applications and beyond, the co says
** Neo will reserve significant annual magnet production capacity for Bosch
** Including session's move, stock up 116.5% YTD
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