Evolution Metals & Technologies Selects INERGX to Power Planned 5 GW U.S. Facility, With Capacity Equivalent to Approximately 4 Mil-lion American Homes
Evolution Metals & Technologies Corp. (EMAT) announced a partnership with INERGX to power its planned U.S. facility, aiming for 1 GW capacity within two years and up to 5 GW at full build-out. The facility, equivalent to 4 million American homes' electricity use, will avoid Chinese battery supply chains. EM&T's fiscal 2027 revenue guidance is $400M–$460M, driven by expanded magnet production in South Korea.
