Evolution Metals & Technologies reaffirms fiscal 2027 revenue guidance of $400 million to $460 million
EMAT•Evolution Metals & Technologies reaffirmed fiscal 2027 revenue guidance of $400 million to $460 million. Its magnet expansion is expected to increase annual capacity from 1,000 metric tons to approximately 10,000 metric tons once equipment is installed and commissioned.
1. Guidance and expansion
Evolution Metals & Technologies reaffirmed fiscal 2027 revenue guidance of $400 million to $460 million, supported by its magnet capacity expansion. Thirteen of 57 equipment containers arrived in Pohang, with the remaining deliveries due before the end of October. Once installed and commissioned, the equipment is expected to lift annual capacity to approximately 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets.
