EM&T took delivery of 13 of 57 ULVAC magnet containers at its Pohang site, the first step in a ten-fold expansion to roughly 10,000 metric tons of annual non-China rare earth magnet capacity. It reaff

What happened: Evolution Metals & Technologies Corp (Nasdaq: EMAT) took delivery of 13 of 57 containers of additional ULVAC magnet production equipment at its Pohang facility, with the rest due before the end of October. Key numbers: 13 of 57 containers arrived; expansion to about 10,000 metric tons annual capacity from 1,000 metric tons, including 6,000 Why it matters: The company says the expansion positions it as a scaled non-China magnet source ahead of the DFARS deadline barring Chinese-origin rare earth magnets in U.S. defense systems, and it reaffirmed fiscal 2027 revenue guidance.

Evolution Metals & Technologies Corp (Nasdaq: EMAT) took delivery of 13 of 57 containers of additional ULVAC magnet production equipment at its Pohang facility, with the rest due before the end of October.

The company says the expansion positions it as a scaled non-China magnet source ahead of the DFARS deadline barring Chinese-origin rare earth magnets in U.S. defense systems, and it reaffirmed fiscal 2027 revenue guidance.