Evolution Metals & Technologies is trading at $1.77, up 5.36%, after October 28 news that all 57 ULVAC equipment containers arrived at the Pohang expansion site; commissioning is underway.
- After installation and commissioning, the equipment is intended to support a tenfold increase in annual magnet capacity to approximately 10,000 metric tons.
- Shares had already closed October 28 at $1.68, up 17.48%; the announcement was reported alongside that move.
- Broad-market context is weak and does not appear to explain the pre-market gain.