EM&T sets Dec 17 ribbon-cutting at Pohang magnet plant; expansion targets 10,000+ metric tons annually

Evolution Metals & Technologies Corp.

Ribbon-cutting ceremony at Pohang, South Korea facility scheduled Thursday, December 17, 2026, 1:00-4:00 p.m. KST; live webcast of executive briefing at investors.evolution-metals.com.
Phased expansion targets more than 10,000 metric tons of annual rare earth magnet production capacity, built on the operating base EM&T already runs in Korea.
Company says Pohang is the largest high-performance rare earth magnet facility in production outside China, serving U.S. defense, UAS and automotive supply chains.
Positioned ahead of DFARS 252.225-7052, effective January 1, 2027, restricting Chinese-origin rare earth magnets in qualifying U.S. defense systems.
Follows the August 13, 2026 White House proclamation imposing a 100% tariff on the most sensitive foreign unmanned aircraft and certain parts; offtake talks planned on site.

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