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Evolution Metals & Technologies Corp (NASDAQ: EMAT) completed its business combination and will begin trading on the NASDAQ Global Market on January 6, 2026. The post-merger company combines Welsbach Technology Metals Acquisition Corp and Evolution Metals LLC to create a U.S.-headquartered, vertically integrated platform for rare earth magnets, battery materials, and critical minerals.
Key disclosed facts: 18+ years of commercial rare earth magnet manufacturing via operating subsidiaries; a targeted industrial campus and a planned midstream capacity supporting up to 55,000 tons of rare earth magnets annually by 2028; technology licensing with KIGAM; and existing OEM customers including Ford, Hyundai, and Samsung.