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EM&T Merges to Target 55,000 Tons of Critical Minerals

1/8/2026

Summary

Story summary

Evolution Metals & Technologies Corp. (EM&T) merged with Welsbach Technology Metals Acquisition Corp., forming a public company focused on critical minerals, targeting 55,000 tons of magnets by 2028, developing battery recycling, and partnering with the Korea Institute of Geoscience and Mineral Resources to enhance processing capabilities.
Headquartered in West Palm Beach, Florida, EM&T aims to produce rare earth magnets and battery materials.
The company will trade on Nasdaq as EMAT.

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Story summary

Evolution Metals & Technologies Corp. (EM&T) merged with Welsbach Technology Metals Acquisition Corp., forming a public company focused on critical minerals, targeting 55,000 tons of magnets by 2028, developing battery recycling, and partnering with the Korea Institute of Geoscience and Mineral Resources to enhance processing capabilities.
Headquartered in West Palm Beach, Florida, EM&T aims to produce rare earth magnets and battery materials.
The company will trade on Nasdaq as EMAT.