Core Viewpoint - Evolution Metals & Technologies Corp. (EM&T) has completed a merger with Welsbach Technology Metals Acquisition Corp. (WTMA), aiming to establish a U.S.-based supply chain for critical minerals and materials, particularly in rare earth magnets and battery materials, to reduce reliance on China [1][2][5]. Company Overview - EM&T is the post-merger entity that will start trading on NASDAQ under the ticker symbol "EMAT" on January 6, 2026 [2]. - The company has over 18 years of experience in manufacturing rare earth magnets and materials, supplying major global OEMs [2][5]. Strategic Goals - EM&T aims to create a large-scale, integrated industrial campus in the U.S. for the production of rare earth magnets and battery materials, independent of Chinese supply chains [3][6]. - The company plans to achieve an annual production capacity of up to 55,000 tons of rare earth magnets by 2028 [8]. Technology and Operations - EM&T utilizes advanced technologies, including robotics and automation, for midstream and downstream processing of critical materials [4]. - The company has established technology partnerships with the Korea Institute of Geoscience and Mineral Resources (KIGAM) to enhance its capabilities in rare earth separation and battery recycling [13]. Market Position - EM&T positions itself as a credible alternative to China's dominance in the rare earth magnet market, leveraging proven commercial-scale operations and existing technologies [5][7]. - The company is the only entity outside China with operational expertise in producing rare earth magnets at a large scale [7]. Integrated Processing Model - EM&T's closed-loop model combines battery recycling, multi-feedstock processing, and downstream production to improve material recovery and support scalable production [12]. - The company plans to process spent lithium-ion batteries into "black mass," which will be used in manufacturing processes for both magnets and batteries [11].