# Evolution Metals Reaffirms FY2027 Guidance and Targets U.S. Army Rare Earth Order

- URL: https://stocks.freetheai.org/news/evolution-metals-reaffirms-fy2027-guidance-and-targets-u-s-army-rare-earth-order-95a333
- Published: 2026-10-14T12:00:00Z
- Category: company_news; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:EMAT](https://stocks.freetheai.org/symbols/NASDAQ-EMAT)
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Evolution Metals & Technologies Corp. (NASDAQ:EMAT) reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million while maintaining fiscal 2026 revenue guidance of $10 million to $11 million. The critical materials company announced that its portfolio of eight sintered neodymium-iron-boron magnet grades accounts for an estimated 75% of global revenue in that market. Seven of the eight grades have completed customer certification, with commercial production underway in Pohang, South Korea.

The portfolio focuses on premium high-temperature grades used in electric vehicle motors, wind turbines, aerospace generators, and defense equipment. EM&T also announced plans to begin acquiring equipment by mid-2027 to produce samarium cobalt magnets, which offer superior heat resistance for defense systems. The decision comes ahead of updated federal procurement restrictions effective January 1, 2027, which extend supply chain restrictions on samarium cobalt magnets.

Looking ahead, EM&T plans to respond by October 28, 2026, to a U.S. Army sources sought notice aimed at identifying vendors for rare earth magnets. To support its growth, the company is delivering additional equipment to expand annual capacity in Pohang to over 10,000 metric tons.

## Key points

- Evolution Metals & Technologies Corp. (NASDAQ:EMAT) reaffirmed fiscal 2027 revenue guidance of $400 million to $460 million.
- Seven of the company's eight sintered rare earth magnet grades have completed customer certification in Pohang, South Korea.
- EM&T plans to acquire equipment by mid-2027 to produce samarium cobalt magnets for defense applications.
- The company confirmed it will respond to a U.S. Army request for potential rare earth magnet suppliers by October 28, 2026.

## Questions and answers

### What is Evolution Metals fiscal 2027 revenue guidance?

Evolution Metals & Technologies Corp. reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million.

### Why is Evolution Metals expanding into samarium cobalt magnets?

Samarium cobalt magnets are key defense components, and new military supply rules taking effect in 2027 require compliant supply.

### Is Evolution Metals supplying rare earth magnets to the U.S. Army?

The company plans to respond to a U.S. Army sources sought notice issued to identify potential rare earth magnet vendors.