Evolution Metals & Technologies Corp. Announces Major 750 Megawatt Power Infrastructure Expansion to Scale Magnet Production to Approximately 10,000 Metric Tons Annually
Evolution Metals & Technologies Corp. announced a major power infrastructure expansion at its Pohang, Korea facility, increasing electrical capacity from 130 MW to 750 MW. This expansion, supported by a $20.7 million grant from Korean local governments, enables scaling magnet production from 1,000 metric tons to approximately 10,000 metric tons ann…