Evolution Metals Reaffirms FY2027 Guidance & Magnet Portfolio

Miami, FL, USA - Evolution Metals & Technologies Corp. (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million and fiscal 2026 revenue guidance of $10 million to $11 million.

The company announced that its portfolio of eight sintered neodymium-iron-boron rare earth magnet grades represents approximately 75% of global sintered NdFeB magnet revenue and 52% of global volume. Seven of the eight grades have completed customer certification, with the eighth in final stages. Furthermore, EM&T plans to acquire equipment for producing samarium cobalt magnets by mid-2027 and will respond to the U.S. Army sources sought notice for rare earth magnets.

Key Highlights

• Reaffirmed FY2027 revenue guidance between $400 million and $460 million.
• Eight sintered NdFeB magnet grades cover 75% of global revenue.
• First 13 of 57 containers of ULVAC equipment arrived in Pohang, South Korea, targeting over 10,000 metric tons of annual capacity.
• Expanding into samarium cobalt magnet production by mid-2027.