Evolution Metals & Technologies Corp. increased its fiscal 2026 revenue guidance to $10-11 million, a 62% rise at the midpoint from the prior $5-8 million forecast, driven by strong customer demand, improved rare earth pricing, and expanded production capacity. The company plans to install 13 new magnet production machines in South Korea, boosting annual capacity to over 10,000 metric tons. It also reaffirmed its fiscal 2027 revenue outlook of $400-460 million, reflecting confidence in continued growth. This expansion supports U.S. strategic goals for non-China rare earth supply chains and positions EM&T as a major player in the rare earth magnet market.
Evolution Metals & Technologies Corp.'s fiscal 2026 revenue guidance raise provides context for market activity. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 09, 2026 19:12 WIB: Of 62 priced Basic Materials-sector US stocks tradable on Pluang, 48 rose and 10 fell today. Notable movers include Gold Fields Limited (GFI) at USD 37.39 with a 1-day change of +4.27% and a typical hold time on Pluang of 49 days, Teck Resources (TECK) at USD 67.20 up +3.67% with a 13-day hold time, and WD 40 Company (WDFC) at USD 211.17 rising +3.57% with a 22-day hold time.
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