Evolution Metals & Technologies received a first five metric ton shipment of non-China NdPr metal to support DFARS-compliant high-performance magnet production.
Key Highlights:
- Received first shipment of five metric tons of NdPr metal from SRE Vietnam under Senri Trading supply agreement.
- Shipment operationalizes ex-China feedstock chain to produce magnets compliant with DFARS 252.225-7052.
- Company expects to scale SRE deliveries to support planned ~10,000 mtpa production capacity by November 2026.
- Delivery aligns with July 20, 2026 Executive Order tightening defense supply chain rules and January 1, 2027 DFARS deadline.
Original SEC Filing:
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