# 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.

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- Publisher: Newsverum
- Section: Business
- Country: United States
- Published: 2026-10-11T19:07:53+00:00
- Updated: 2026-10-12T06:19:35+03:00
- Event / data period: 2026-10-09
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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.

Methodology: The company’s October 9 release says annual capacity could exceed 10,000 metric tonnes; this is an expectation, not current output.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Expected annual magnet capacity | 10000 | metric tonnes | 2026-10-09 | forecast | lower-bound |

Sources: <https://www.sec.gov/Archives/edgar/data/1866226/000121390026108232/ea030819601ex99-1.htm> · Download data: [JSON](https://newsverum.com/api/v1/articles/evolution-metals-raises-fy2026-revenue-guidance/data/evolution-metals-magnet-capacity?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/evolution-metals-raises-fy2026-revenue-guidance/data/evolution-metals-magnet-capacity?lang=en&format=csv)

## Sources

- [Evolution Metals & Technologies Corp.](<https://www.sec.gov/Archives/edgar/data/1866226/000121390026108232/ea030819601ex99-1.htm>) (Source checked: 2026-10-11; Published: 2026-10-09)

## Correction history

- 2026-10-12T06:19:35+03:00: Wording in this article's language editions was corrected to retain the article's full information and scope.

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