Curated News
By: NewsRamp Editorial Staff
September 14, 2026
EM&T Guides $400M+ Fiscal 2027 Revenue on Korea Magnet Expansion
TLDR
- EMAT projects fiscal 2027 revenue of $400-$460 million, scaling rare earth magnet capacity tenfold to capture growing critical materials demand.
- EMAT will install thirteen ULVAC sintered magnet machines in November 2026, increasing annual capacity from 1,000 to 10,000 metric tons.
- EMAT's expansion in Pohang boosts non-China rare earth magnet supply, supporting cleaner technologies and resilient global supply chains.
- EMAT secured a $20.7 million grant and Tier-1 OEM certifications for six magnet grades, advancing its vertical integration strategy.
Impact - Why it Matters
This news matters because it highlights a significant step toward diversifying the global rare earth magnet supply chain away from China. EM&T's expansion in Pohang, supported by local grants and infrastructure upgrades, could enhance supply security for critical materials used in electric vehicles, wind turbines, and electronics. The company's Tier-1 OEM certifications and non-China NdPr sourcing demonstrate tangible progress in commercializing high-performance magnets, which are essential for the clean energy transition. As demand for rare earth magnets surges, EM&T's ability to scale production from 1,000 to 10,000 metric tons could position it as a key player in reducing Western reliance on Chinese supply, benefiting manufacturers and governments seeking resilient supply chains.
Summary
EM&T (NASDAQ: EMAT), a U.S.-based critical materials and advanced manufacturing company, has issued initial revenue guidance of $5 million to $8 million for fiscal 2026 and $400 million to $460 million for fiscal 2027. The guidance reflects the company's transition from its current production base to the first full year benefiting from its Pohang, Republic of Korea, expansion. As part of this expansion, thirteen additional ULVAC sintered magnet production machines are scheduled for delivery and installation in November 2026. These machines are expected to increase annual rare earth magnet production capacity from approximately 1,000 metric tons to approximately 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets.
The expansion is supported by several key initiatives: plans to increase electrical infrastructure serving the Pohang operations from 130 MW to approximately 750 MW, the acquisition of approximately 1.3 million square feet of adjacent land, and a conditionally approved approximately $20.7 million grant from Pohang City and Gyeongbuk Province. EM&T has also secured non-China NdPr metal sourced from SRE Vietnam and announced Tier-1 OEM quality certifications across six grades of high-performance sintered NdFeB magnets. The company noted that its fiscal 2027 guidance reflects anticipated utilization during the production ramp rather than the revenue potential of the planned capacity at full utilization. EM&T operates what it believes is the only vertically integrated critical materials supply chain spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets and battery materials.
To view the full press release, visit: https://ibn.fm/4NRLe. InvestorWire is a specialized communications platform with a focus on advanced wire-grade press release syndication. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, EM&T Guides $400M+ Fiscal 2027 Revenue on Korea Magnet Expansion
