Evolution Metals lifts fiscal 2026 revenue guidance to $10–11 million
The U.S.-based critical-materials company kept its $400–460 million fiscal 2027 outlook and outlined a planned expansion of magnet production in South Korea.
Event / data period: 2026-10-09
Published: · Updated:
Evolution Metals & Technologies said on October 9 that it raised fiscal 2026 revenue guidance to $10–11 million from a previous $5–8 million range. It also reaffirmed its fiscal 2027 guidance of $400–460 million.
The company expects 13 additional sintered-magnet machines to be delivered to its Pohang facility in October and says they could lift annual capacity above 10,000 metric tonnes once operational. Those capacity and revenue figures are company forecasts; the release says the fiscal 2027 outlook is not based on contracted sales volumes.
Data
Expected annual magnet production capacity
Annual production capacity the company expects after the machines at its Pohang facility become operational.
- Expected annual magnet capacity
- ≥10,000 metric tonnes
- 2026-10-09 · Forecast
Methodology
The company’s October 9 release says annual capacity could exceed 10,000 metric tonnes; this is an expectation, not current output.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlywww.sec.gov ↗
- Corporate earningsSuggested
- Subject suggested from the title or summary: fiscal 2026 revenuewww.sec.gov ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.sec.gov ↗