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Neo completes sale of Rare Metals facility in Quapaw, Oklahoma

What happened

Neo Performance Materials has sold its equity stake in the Neo Rare Metals facility in Oklahoma, which produces gallium trichloride, to the facility's general manager. This transaction represents a corporate divestiture of a non-core asset. Neutral: The sale of a single, specialized facility is unlikely to materially impact the broader gallium or semiconductor supply chain in the near term.

Impact and signal

Low impactImpact score: 5/100

Affected components and suppliers

Gallium Trichloride
Neo Performance Materials
corporate-restructuringasset-divestiture

Source and time

Source: Semiconductor Today · 1/2/2025 · View original source

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