Event
Evolution Metals signs non-China NdPr supply contract for magnet production
Evidence notes
- The agreement covers NdPr metal from SRE Vietnam through Senri Trading and is tied to Evolution Metals & Technologies' permanent magnet production operations.
- NdPr is a key input for rare-earth permanent magnets used in electric motors for robotics, defense, aerospace, EVs and wind systems.
- The company has been building non-China magnet capacity and has described a target of roughly 10,000 metric tons of annual rare-earth magnet output.
Company context
Evolution Metals & Technologies is building a non-China rare-earth magnet and critical-materials supply chain. The company targets permanent magnet production for electric motors used in robotics, aerospace, defense, EVs and wind systems, and signed a 2026 NdPr metal supply agreement with Senri Trading.
Context
- Segment
- Materials
- Event type
- Partnership
- Added to Korthos
- Jul 9, 2026
- Geography
- Miami, Florida · United States