other material
confidence high
sentiment positive
materiality 0.60
Evolution Metals joins Russell 3000/2000; guides FY27 revenue $400M-$460M
Evolution Metals & Technologies Corp.
- EM&T added to Russell 3000 and Russell 2000 effective Sept 21, 2026, via FTSE Russell Q3 IPO additions.
- Russell U.S. indexes benchmark ~$12.2T in assets, potentially increasing institutional visibility.
- CFO Clower cites commercial-scale production, FY2027 revenue guidance of $400M-$460M.
- Pohang expansion: 10,000 mt/yr magnet capacity incl. 6,000 mt NdFeB; KEPCO 750MW; 13 ULVAC machines Nov 2026.
- Non-China NdPr feedstock secured; DFARS defense sourcing requirements effective Jan 1, 2027.