Recent Updates — EMAT

Evolution Metals & Technologies Corp. announced it has secured approximately 754 metric tons of neodymium metal sourced entirely outside China, which is expected to supply about 50% of the feedstock needed for its full-year 2027 revenue guidance of $400 million to $460 million. The acquisition includes ~42 metric tons already delivered to its Pohang facility, 72 metric tons pending shipment through March 2027, and a 640-metric-ton commitment with Senri Trading for rapid delivery, with an additional 1,000 metric tons in discussion. For heavy rare earths, the company holds ~520 kilograms of dysprosium metal on-site and has committed to receiving 1.5 metric tons per month starting in February 2027. With these supplies in place, management states it has assembled all ten factors required for large-scale commercial magnet manufacturing. Evolution Metals & Technologies Corp. is a U.S.-based critical materials and advanced manufacturing company specializing in rare earth permanent magnets, battery materials, and related technologies.

Evolution Metals & Technologies submitted a response to the U.S. Army’s Sources Sought notice seeking manufacturers of rare earth magnets for small uncrewed aircraft systems. The company highlighted its commercial production of N42SH grade magnets at its Pohang, South Korea facility and outlined plans to expand annual capacity to approximately 10,000 metric tons following equipment installation. This market research effort aims to identify suppliers capable of providing traceable, non-Chinese sourced magnets compliant with DFARS requirements effective January 1, 2027. Evolution Metals & Technologies Corp. operates as a critical materials and advanced manufacturing company specializing in rare earth permanent magnets and battery materials.

Evolution Metals & Technologies Corp. confirmed that all 57 containers of ULVAC sintered magnet-production equipment have arrived at its expanded facility in Pohang, Republic of Korea, with commissioning scheduled to begin in November 2026. The company signed an investment framework with Pohang City on October 27, 2026, expecting approximately US$28 million in local government grant funding to support the expansion. This equipment supports a planned tenfold increase in annual rare earth magnet production capacity from approximately 1,000 metric tons to 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets. The company operates as a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals.

Evolution Metals & Technologies Corp. has begun taking delivery of additional sintered magnet production equipment from ULVAC at its Pohang, South Korea facility. Thirteen of 57 containers arrived on October 15, 2026, with the remainder scheduled before month-end. Once installed and commissioned, this expansion will increase annual rare earth magnet production capacity from 1,000 metric tons to approximately 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets. The company reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million and plans a ribbon-cutting ceremony for the expanded facility on December 17, 2026. Evolution Metals & Technologies Corp. is a U.S.-based critical materials and advanced manufacturing company specializing in rare earth permanent magnets and battery materials.

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.

Evolution Metals & Technologies Corp. raised its fiscal 2026 revenue guidance to a range of $10 million to $11 million, up from the previous estimate of $5 million to $8 million announced on September 10, 2026. This adjustment represents a 62% increase at the midpoint and reflects expanded non-China rare earth feedstock availability, improved pricing, and strong customer demand. The company also reaffirmed its fiscal 2027 revenue outlook of $400 million to $460 million. Thirteen additional ULVAC sintered magnet production machines are scheduled for delivery in October 2026 at its Pohang facility, which is expected to expand annual capacity to more than 10,000 metric tons of magnets. Evolution Metals & Technologies Corp. operates as a U.S.-based critical materials and advanced manufacturing company specializing in rare earth permanent magnets, battery materials, and related technologies.