Evolution Metals & Technologies: Recycling as Rare Earth Supply Chain Strategy, Not Slogan

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EMAT targets China's midstream processing dominance with US-based NdFeB magnet manufacturing and battery recycling platform. Execution remains key. (read full article...)

 

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Watched the seminar today, they didn’t nail a whole lot down. 2.5 billion in plans, enterprise value and market cap of 2-3 times that over the last week. Would prefer to use equity stake or debt capital or both to finance US initiatives….
It’s gonna take DOW or something equally substantial to push this to the finish line. They didn’t mention EXIM, guess I could look up if they even started that process.
I suspect the technical plan is feasible, the financial one takes a lot of faith, looks like they have no cash to speak of.