Evolution Metals & Technologies is trading at $1.90, up 12.86%, after securing approximately 754 metric tons of non-China neodymium.
- Announced October 29, the supply is expected to cover about 50% of feedstock needed for 2027 revenue guidance of $400 million to $460 million.
- The company-specific catalyst came amid a weaker broader market. The Army drone-magnet capability statement was submitted October 28; shares closed at $1.68 that day, up 17.48%. No current-day volume was verified.