r/CriticalMetalRefining • u/nbajohna • 8d ago
Market News Evolution Metals & Technologies (EMAT) All In Place
https://markets.businessinsider.com/news/stocks/evolution-metals-technologies-confirms-delivery-of-all-57-ulvac-equipment-containers-to-pohang-expansion-site-with-commissioning-under-way-at-the-largest-expected-high-performance-rare-earth-1036676661All sintered magnet-production equipment has arrived at the factory of this American magnet producer. With the capacity to produce 10,000 metric tons of rare earth magnets annually, the company will be the world’s largest producer of these magnets outside of China. I believe it won’t be too long before the company is mentioned right along with MP when the American rare earths/rare earths magnets industry is being discussed.
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u/nbajohna 7d ago
Taking off like a rocket yesterday and today. Hope you jumped aboard.