Evolution Metals & Technologies Corp. confirmed its 2027 revenue guidance of $400 million to $460 million and announced plans to expand production capacity to over 10,000 metric tons of rare earth magnets, including high-performance sintered NdFeB grades covering about 75% of global market revenue. The company is also preparing to produce samarium cobalt (SmCo) magnets, crucial for U.S. defense systems, in response to new U.S. military sourcing requirements effective 2027. With most of its magnet grades customer-certified and new equipment arriving in Pohang, South Korea, EM&T aims to meet growing demand from electric vehicles, aerospace, wind energy, and defense sectors, positioning itself as a key supplier for the U.S. Army's rare earth magnet needs.
Evolution Metals & Technologies Corp. announced its 2027 revenue guidance and product expansion plans. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 14, 2026 18:11 WIB: of 83 priced US stocks, 42 rose and 32 fell. AngloGold Ashanti Limited (AU) rose 1.21% to USD 92.76 with 97% buy orders, Sibanye Stillwater Ltd (SBSW) rose 1.01% to USD 10.01 with 68% sell orders, and FMC Corp (FMC) rose 0.96% to USD 8.39 with 100% sell orders.
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