EM&T secures 750 MW power expansion, land, and $20.7M grant to scale magnet output to 10,000 tons

Evolution Metals & Technologies Corp.

KEPCO to boost Pohang power from 130 MW to 750 MW; EM&T gets right of first refusal on additional capacity.
EM&T to buy 1.3M sq ft adjacent land from Pohang City; facility footprint to grow from 24k to 482k sq ft.
Conditional $20.7M (₩28.3B) grant from Pohang City and Gyeongbuk Province pending land acquisition.
KEPCO to fund ~90% of substation, cabling, and civil works costs; power expected by Nov 2026 with ULVAC install.
Expansion supports ~10,000 metric tons annual NdFeB sintered and bonded magnet production by end-2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.