EM&T (NASDAQ: EMAT) provided initial revenue guidance of $5 million to $8 million for fiscal 2026 and $400 million to $460 million for fiscal 2027, reflecting the expected transition from its current production base to the first full year benefiting from its Pohang, Republic of Korea, expansion. Thirteen additional ULVAC sintered magnet production machines are scheduled for delivery and installation in November 2026 and are expected to increase annual rare earth magnet production capacity from approximately 1,000 metric tons to approximately 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets.
The expansion is supported by plans to increase electrical infrastructure serving the Pohang operations from 130 MW to approximately 750 MW, acquire approximately 1.3 million square feet of adjacent land and receive a conditionally approved approximately $20.7 million grant from Pohang City and Gyeongbuk Province. EM&T has also secured non-China NdPr metal sourced from SRE Vietnam and announced Tier-1 OEM quality certifications across six grades of high-performance sintered NdFeB magnets. The company said its fiscal 2027 guidance reflects anticipated utilization during the production ramp rather than the revenue potential of the planned capacity at full utilization.
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About Evolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. (Nasdaq: EMAT) is a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals and technologies. By leveraging proven commercial-scale operations, advanced processing technologies, and strategic partnerships, EM&T operates what it believes is the only vertically integrated critical materials supply chain spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets (including high-performance rare earth magnets) and battery materials.
For additional information, please visit https://investors.evolution-metals.com
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