Evolution Metals & Technologies Reports Second Quarter 2026 Financial Results and Provides Corporate Update

Executed on the delivery of a defense-grade, non-China rare earth magnet supply chain: became one of the only known commercial-scale producers with OEM-qualified NdFeB magnet grades and took delivery of the first non-China NdPr metal shipment ahead of the January 1, 2027 DFARS deadline and the July 20, 2026 Executive Order on Securing America’s Defense Supply Chains

Launched $100 million financing facility and progressed binding purchase orders for ULVAC sintered magnet production equipment scheduled for November 2026 delivery, supporting the Company’s targeted scale-up to approximately 10,000 metric tons of annual rare earth magnet production capacity