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Evolution Metals reaffirms $400M-$460M FY27 revenue guidance and unveils eight sintered magnet grades
EMATEvolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million, up from a fiscal 2026 target of $10 million to $11 million. The company announced that its portfolio of eight sintered neodymium-iron-boron magnet grades represents approximately 75% of global sintered NdFeB revenue and 52% of volume. Seven of the eight grades are customer-certified, with production scaling at its Pohang facility to exceed 10,000 metric tons annually. Additionally, EM&T plans to acquire equipment for samarium cobalt magnet production by mid-2027 to meet U.S. defense requirements under DFARS regulations and will respond to a U.S. Army sources sought notice. Evolution Metals & Technologies Corp. is a critical materials and advanced manufacturing company specializing in rare earth permanent magnets and battery materials.