Evolution Metals & Technologies Corp. Receives First Non-China NdPr Metal Shipment

Evolution Metals & Technologies Corp. (EMAT) announced on July 22, 2026, the receipt of its first shipment of five metric tons of neodymium-praseodymium (NdPr) metal from Senri Trading Co., Ltd., sourced from SRE Vietnam. This delivery is crucial for the production of high-performance rare earth permanent magnets compliant with new U.S. federal regulations, specifically the July 20, 2026 White House Executive Order and the January 1, 2027 DFARS deadline restricting magnets sourced from prohibited countries in U.S. defense systems. The company has contracted with Senri for scaled deliveries to support an increased production capacity of approximately 10,000 metric tons per annum by November 2026. EMAT emphasizes its unique position as a commercial-scale producer capable of supplying U.S. defense-compliant magnets, highlighting its ex-China supply chain, advanced manufacturing capabilities in South Korea, and compliance with stringent sourcing requirements.