Evolution Metals & Technologies Corp.: begins delivery of ULVAC equipment

What happened On Oct 15, 2026, Evolution Metals & Technologies Corp. announced it has begun taking delivery of its previously announced order of additional sintered magnet production equipment from ULVAC at its facility in Pohang, Republic of Korea. The filing says the remaining equipment is scheduled for delivery before the end of Oct 2026. The filing says once installed and commissioned the 13 ULVAC machines are expected to increase the company’s annual rare earth magnet production capacity from 1,000 metric tons to approximately 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets. The filing also says the company reaffirmed its fiscal 2027 revenue guidance of $400,000,000 to $460,000,000 and reiterated its ribbon-cutting ceremony for the Pohang facility on Dec 17, 2026.

Key details

• Press release dated Oct 15, 2026 announced start of deliveries from ULVAC to the Pohang, Republic of Korea facility.
• Total of 13 ULVAC machines expected; remaining machines due before the end of Oct 2026.
• Expected capacity increase from 1,000 metric tons to approximately 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets.
• Fiscal 2027 revenue guidance reaffirmed at $400,000,000 to $460,000,000; ribbon-cutting ceremony set for Dec 17, 2026.

Why it may matter

• Item 7.01, Regulation FD disclosure, was reported; that item covers public disclosure of information via a press release. A filing does not show why the insider traded or why the company acted.