Evolution Metals & Technologies Corp. announced the appointment of Kenji Konishi as Head of Magnet Engineering Production. This strategic hire is intended to support the company's expansion to approximately 10,000 metric tons of annual rare earth magnet capacity ahead of a key U.S. defense sourcing deadline.
Key Details
- New Appointment: Kenji Konishi, former Vice President and Chief Technology Officer of JL MAG Rare Earth Co., Ltd., will lead magnet engineering production, joined by a team of senior engineers.
- Production Goal: The appointment supports the company's goal to achieve approximately 10,000 metric tons of annual rare earth magnet capacity by November 2026.
- Strategic Importance: The expansion aims to position EMAT as a supplier compliant with the DFARS 252.225-7052 mandate, which imposes strict material sourcing standards for U.S. defense systems effective January 1, 2027.