Neo Performance Materials

Neo Performance Materials
Company typePublic
ISINCA64046G1063
IndustryMining
Founded2010
HeadquartersToronto, Ontario, Canada
Key people
Rahim Suleman (CEO)
ProductsRare earth elements
Websiteneomaterials.com

Neo Performance Materials (formerly Molycorp Inc.) is a Canadian mining corporation headquartered in Toronto, Ontario. The corporation was formerly traded on the New York Stock Exchange, owned the Mountain Pass rare earth mine in California. Molycorp filed for bankruptcy in June 2015 amid changing competitive circumstances, declining prices and a 2014 restructuring. It was purchased by its largest creditor Oaktree Capital Management and was reorganized as Neo Performance Materials.