Evolution Metals & Technologies Corp. Consummates Business Combination Prior to Trading on NASDAQ

West Palm Beach, FL, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Evolution Metals & Technologies Corp. ("EM&T” or the "Company”), a company focused on building a secure, reliable, and vertically integrated global supply chain for critical minerals and materials ("CMM”), including battery and magnet materials, through a closed-loop integrating recycling model, midstream processing, and advanced manufacturing powered by AI and smart-machine technologies, today announced the completion of the merger (the "Business Combination”) between Welsbach Technology Metals Acquisition Corp. ("WTMA”) and Evolution Metals LLC ("EM”).

Evolution Metals & Technologies Corp. is the name of the post-merger business entity, which is expected to begin trading on the NASDAQ Global Markets on January 6, 2026 with the ticker symbol "EMAT.”

EM&T, headquartered in the United States, has been manufacturing rare earth magnets and magnet materials on a commercial scale for over 18 years through its operating subsidiaries, and selling these products to some of the world’s largest branded OEMs.

EM&T is scaling these existing operations, processes, and intellectual property to build a United States-based, integrated industrial campus capable of producing rare earth magnets, battery materials, and critical materials on a large, market-wide scale, without reliance on China.