Evolution Metals & Technologies Corp. issued initial revenue guidance for fiscal years 2026 and 2027, projecting $5 million to $8 million in 2026 and a significant increase to $400 million–$460 million in 2027. The outlook reflects the first full-year contribution from expanding rare earth magnet production capacity at its Pohang, South Korea facility to approximately 10,000 metric tons annually, supported by new ULVAC equipment and infrastructure upgrades. This expansion aligns with the January 1, 2027 implementation of DFARS mine-to-magnet restrictions requiring non-China sourcing for U.S. defense applications. The company operates in the critical materials and advanced manufacturing sector, specializing in rare earth permanent magnets and battery materials.

Evolution Metals & Technologies Corp. disclosed that as of August 23, 2026, it had issued convertible debentures to YA II PN, Ltd. (Yorkville) with an aggregate principal amount of $25.775 million. Yorkville converted $5.775 million of the principal, leaving $20.0 million outstanding. The company operates in the metals and technologies sector.

Evolution Metals & Technologies Corp. appointed retired General Thomas A. Bussiere, former Commander of Air Force Global Strike Command, as an independent Class I director effective August 13, 2026. He joins the Audit, Compensation, and Nominating and Corporate Governance Committees. Concurrently, Saul Locker was named Chairman of the Audit Committee, while Thomas Stoddard resigned from the Board and all committee roles effective August 11-12, 2026. The company operates in the critical materials and advanced manufacturing sector, specializing in rare earth permanent magnets and battery materials.

Evolution Metals & Technologies Corp. announced the appointment of Kenji Konishi as Head of Magnet Engineering Production, bringing him and a team of senior engineers from JL MAG Rare Earth to support expansion toward 10,000 metric tons of annual rare earth magnet capacity by November 2026. This hiring aims to ensure compliance with DFARS 252.225-7052 standards for U.S. defense systems ahead of the January 1, 2027 deadline. Evolution Metals & Technologies Corp. operates in the critical materials and advanced manufacturing industry, specializing in rare earth permanent magnets and battery materials.

Evolution Metals & Technologies Corp. received its first shipment of five metric tons of neodymium-praseodymium (NdPr) metal from SRE Vietnam, operationalizing its ex-China feedstock chain for defense-compliant rare earth magnet production. This delivery aligns with the July 20, 2026 White House Executive Order and the January 1, 2027 DFARS sourcing deadline for U.S. defense systems. The company expects to scale production capacity to approximately 10,000 metric tons per annum by November 2026. Evolution Metals & Technologies Corp. is a U.S.-based midstream critical materials and advanced manufacturing company specializing in rare earth permanent magnets and battery materials.