ClosedPublished 9 Jan 2026

WTMA /
KCM INDUSTRY Co., Ltd.

Evolution Metals & Technologies Corp. completes business combination with KCM INDUSTRY Co., Ltd.

Buy side: WTMA
Buy sideWTMA
Target: KCM INDUSTRY Co., Ltd.
TargetKCM INDUSTRY Co., Ltd.
Evolution Metals & Technologies Corp. · 9 Jan 2026Source
Buy side: WTMA
Buy sideWTMA
Target: KCM INDUSTRY Co., Ltd.
TargetKCM INDUSTRY Co., Ltd.
01 / BuyerWTMA
02 / TargetKCM INDUSTRY Co., Ltd.
Source for the buyer and target: Evolution Metals & Technologies Corp.

For the buyer and target.

“On the Closing Date, pursuant to the Business Combination, WTMA changed its name to Evolution Metals & Technologies Corp. As part of the Business Combination and prior to the closing of the Merger, EM acquired Handa Lab Co., Ltd., a Korean company (“Handa Lab”), KCM Industry Co., Ltd., a Korean company (“KCM”), KMMI INC., a Korean company (“KMMI”), and NS World Co., Ltd., a Korean company (“NS World” and, collectively with Handa Lab, KCM and KMMI, referred to as the “Korean Companies”).”

Published 9 Jan 2026

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01

What happened

WTMA’s business combination with KCM INDUSTRY Co., Ltd. was completed, and WTMA changed its name to Evolution Metals & Technologies Corp. [01]

KCM INDUSTRY Co., Ltd. manufactures and sells neodymium-iron-boron powder for permanent magnets. [01]

02

The source

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01
Source · Evolution Metals & Technologies Corp.

Evolution Metals & Technologies Corp. completes business combination with KCM INDUSTRY Co., Ltd.

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03

Timeline

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  1. Published by Evolution Metals & Technologies Corp.

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