SGTec: Neo Performance Materials Acquisition Positions it to Benefit from European Rare Earth Magnet Demand

If you believe some of the strategic minds at Tesla (NASDAQ: TSLA), then rare earths may no longer be required in future EV motors. At last month's investor day, Franz Von Holzhausen, Lead Design Executive at Tesla Motors, announced that its next generation of electric motors would not use rare earth materials. The motivation is [...]The post Neo Performance Materials Acquisition Positions it to Benefit from European Rare Earth Magnet Demand appeared first on InvestorIntel.