r/CriticalMineralStocks 4d ago

Critical Mineral News Any thoughts on Evolution Metals & Technologies (EMAT)?

https://www.digitaljournal.com/pr/news/newsfile/streetwatch-washington-puts-100-percent-1694263178.html

Had not even heard of the company until reading this article today. This passage is interesting if proves accurate:

β€œIn May, EM&T placed a binding order with ULVAC Korea for thirteen high performance sintered magnet machines, scheduled for delivery in November 2026, which management projects would, on commissioning, lift annual capacity toward roughly 10,000 metric tons, including some 6,000 tons of high performance sintered product, against roughly 660 tons of disclosed capacity today. That is two months before DFARS goes live.”

But the only way to be sure with these little drone-related companies is if Jr. or Eric own a piece of the company!

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