06/03/2026
Last week, Neo’s Silmet team hosted the International Energy Agency (IEA) for its Critical Minerals Country Review of Estonia.
The IEA delegation visited both of our Estonian operations — NPM Silmet in Sillamäe and our permanent magnet plant in Narva — to see Neo's "molecules to magnets" model firsthand: one of Europe's few integrated rare earth value chains.
The takeaway: Estonia is the EU's most understated rare-earth asset and a real anchor for European supply chain resilience.
Thank you to the IEA's energy security team, our guests from Norway and Finland, and our partners across Estonia's Ministry of Economic Affairs and Communications, Ministry of Climate, and Enterprise Estonia.