The largest rare-earth magnet factory opens in Narva 🇪🇪 with €14.5 million from 🇪🇺 Just Transition Fund.
They'll power EVs, windmills, and microelectronics – creating up to 1,000 jobs and driving the clean transition.
Less reliance on imports, more open strategic autonomy.

The image shows a series of identical industrial machines or pieces of equipment lined up in a row inside a factory. A walkway with a yellow, textured surface runs between them. Like the previous images you've shared, this one also has the text overlays "EU" and "funded."

A large industrial machine inside a factory or production facility. The machine has a prominent cylindrical chamber with a large circular door, and there are pipes, gauges, and a control panel visible. The text overlays on the image say "EU" and "funded."

The exterior of a modern industrial building with the word "neo" in large purple letters on the facade. The words "EU" and "funded" are overlaid on the image..