other_material
confidence high
sentiment positive
materiality 0.75
EM&T signs 13-machine ULVAC deal to boost rare earth magnet capacity to 10,000 tonnes/yr
Evolution Metals & Technologies Corp.
- Binding purchase orders with ULVAC Korea for 13 high-performance sintered magnet machines.
- Delivery and installation scheduled by November 2026, expanding annual capacity to 10,000 tonnes.
- Includes 6,000 tonnes/yr of high-performance sintered magnets; targets ex-China supply chain.
- CEO calls it 'most consequential commercial landmark' in company history.