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Neo Performance Materials to Receive First-Ever Grant Under Europe’s Just Transition Fund for Neo’s Planned Sintered Rare Earth Magnet Manufacturing Plant in Estonia

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Neo Performance Materials

OfficialenPublished 9 Nov 2022Accessed 2 Oct 2026

Neo states that it was awarded a grant of up to €18.7 million from the Government of Estonia under Europe's Just Transition Fund for the planned magnet plant.

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https://www.neomaterials.com/neo-performance-materials-european-grant/

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Financial instruments

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Rare earths magnet project in Estonia
fin-eu-jtf-2025-neo-magnet-project
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