StockWatch
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Miscellaneous Electrical Machinery, Equipment & Supplies
Management ChangeAug 10, 2026, 10:27 AM

Evolution Metals Appoints Kenji Konishi as Head of Magnet Engineering Production

AI Summary

Evolution Metals & Technologies Corp. announced the appointment of industry veteran Kenji Konishi as Head of Magnet Engineering Production. Mr. Konishi, formerly VP and CTO of JL MAG Rare Earth, brings a team of senior engineers to support the company's expansion towards 10,000 metric tons of annual rare earth magnet capacity by November 2026. This strategic hire reinforces EM&T's position as a compliant supplier for U.S. defense systems under DFARS 252.225-7052, leveraging his extensive experience in scaling high-performance magnet production.

Key Highlights

  • Evolution Metals & Technologies appointed Kenji Konishi as Head of Magnet Engineering Production.
  • Mr. Konishi previously served as Vice President and CTO of JL MAG Rare Earth Co., Ltd.
  • He joins with a team of senior Japanese magnet-manufacturing veterans.
  • The appointment supports expansion to 10,000 metric tons annual rare earth magnet capacity by November 2026.
  • This accelerates EM&T's compliance with DFARS 252.225-7052 for U.S. defense systems.
  • Mr. Konishi's expertise covers full magnet manufacturing, including advanced surface treatment and grain boundary diffusion.
  • During his CTO tenure at JL MAG, annual revenue grew from $115 million (2015) to $318 million (2020).