Welcome to our dedicated page for Evolution Metals & Technologies news (Ticker: EMAT), a resource for investors and traders seeking the latest updates and insights on Evolution Metals & Technologies stock.
Evolution Metals & Technologies Corp. produces and processes critical materials for rare earth magnets, battery materials and related technologies. Company news includes updates on sintered magnets, bonded magnets, rare earth oxides, metals, alloys, battery-grade sulfates, carbonates, precursor cathode active materials and mid-stream critical minerals processing.
Recurring developments also cover commercial operations in the United States and the Republic of Korea, investor presentations and webinars, operating and financial results, capital-structure disclosures and governance matters tied to its Nasdaq-listed public-company profile.
Evolution Metals & Technologies (EMAT) issued initial revenue guidance of $5–8 million for fiscal 2026 and $400–460 million for fiscal 2027, reflecting the first full-year impact of its Pohang, Republic of Korea expansion as DFARS mine-to-magnet restrictions take effect on January 1, 2027.
The company has binding purchase orders for 13 additional ULVAC sintered magnet machines, scheduled for November 2026 delivery, which are expected to raise annual rare earth magnet capacity from about 1,000 to 10,000 metric tons, including roughly 6,000 metric tons of high-performance sintered NdFeB magnets. The expansion is supported by agreed principal terms to boost power infrastructure from 130 MW to ~750 MW, access to approximately 1.3 million sq. ft. of adjacent land, and conditional approval of a ~$20.7 million grant. EMAT has secured non-China NdPr metal supply via Senri Trading sourced from SRE Vietnam and obtained Tier‑1 OEM quality certifications across six grades of high-performance magnets.
Evolution Metals & Technologies (Nasdaq: EMAT) has agreed principal terms with Korea Electric Power Corporation to expand electrical infrastructure for its Pohang, Korea operations from 130 MW to 750 MW, with a right of first refusal on additional capacity. Power availability is planned to align with facility expansion and ULVAC equipment installation in November 2026.
According to EM&T, the company plans to acquire about 1.3 million sq ft of adjacent land from Pohang City on a freehold basis and expand its magnet manufacturing footprint from 24,000 sq ft to 482,000 sq ft. Together with increased power and infrastructure, this is expected to support production of more than 10,000 metric tons of high-performance sintered and bonded magnets annually, in addition to planned U.S. capacity. EM&T has received conditional approval for an approximately US$20.7 million (₩28.3 billion) grant from Pohang City and Gyeongbuk Province, and KEPCO is expected to fund about 90% of substation, cabling and civil works costs.
Evolution Metals & Technologies (Nasdaq: EMAT) has been named on FTSE Russell’s preliminary lists for addition to the Russell 3000® and Russell 2000® indexes, effective September 21, 2026, subject to FTSE Russell’s standard review process. Preliminary lists were published August 21, 2026.
Preliminary inclusion in the Russell 2000 would also confer membership in the Russell 3000 and related style indexes. According to the company, about $12.2 trillion in assets were benchmarked to Russell U.S. indexes as of June 2025.
EMAT also highlighted its rare earth magnet growth initiatives, including Tier‑1 OEM quality certifications across six grades of sintered NdFeB magnets, receipt of non‑China NdPr metal for commercial production, and binding purchase orders for 13 additional ULVAC sintered magnet machines, expected to lift annual capacity to approximately 10,000 metric tons by November 2026.
Evolution Metals & Technologies (Nasdaq: EMAT) reported Q2 2026 results and detailed progress on building a non-China, defense-grade rare earth magnet supply chain. Revenue reached $1.6 million in Q2 2026 (none in Q2 2025) with a $0.1 million gross loss, while net loss narrowed to $11.9 million from $40.9 million; Adjusted Net Loss was $13.6 million.
The company OEM-qualified six NdFeB magnet grades with two Tier‑1 electronics customers, received the first five-metric-ton shipment of non-China NdPr metal under a bulk-supply agreement, and advanced ULVAC contracts for 13 sintered magnet production machines targeting about 10,000 metric tons annual magnet capacity by late 2026. EMAT also put in place a $100 million convertible debenture facility with Yorkville, issued $25.8 million to date, and strengthened leadership by appointing magnet expert Kenji Konishi and retired four-star General Thomas A. Bussiere.
Evolution Metals & Technologies (Nasdaq: EMAT) appointed retired U.S. Air Force General Thomas A. Bussiere, former Commander of Air Force Global Strike Command and former Deputy Commander of U.S. Strategic Command, as an independent member of its Board of Directors, effective August 13, 2026.
According to the company, Bussiere brings a 40-year military career leading more than 33,000 personnel, overseeing nuclear command, control and communications, defense supply chains and multi-billion-dollar modernization programs. He will serve on EM&T’s Audit, Compensation, and Nominating and Corporate Governance Committees. In connection with the changes, Saul Locker was named Audit Committee Chair and director Thomas Stoddard resigned from the Board.
Evolution Metals & Technologies (NASDAQ: EMAT) released a short corporate video on March 18, 2026, showcasing its current commercial operations. The video highlights production of sintered magnets, bonded magnets, and mid-stream critical minerals processing. It is available on the company's investor media page.
Evolution Metals & Technologies (NASDAQ: EMAT) will host an Investor & Analyst Webinar on Thursday, February 19, 2026 at 10:00 a.m. ET. Management will present on EMAT's vertically integrated critical materials supply chain and Phase I plans for a U.S. hydrometallurgical campus, followed by Q&A.
Registration is available via a virtual meeting portal and a recording will be posted on the company website.
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.