# Welsbach Technology Metals and Evolution Metals approve business combination

Welsbach Technology Metals Acquisition Corp. stockholders approved the business combination with Evolution Metals LLC, which will acquire five operating companies in critical minerals and materials supply chain, including magnet manufacturing and battery recycling.

- Type: Acquisition
- Announced: 2025-06-27
- Where: United States
- Status: announced
- Products: bonded magnets, sintered magnets, magnet alloys, battery recycling, rare earth magnets
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Welsbach Technology Metals Acquisition Corp.](https://endata.com/companies/85624.md) (acquirer)
- [Evolution Metals](https://endata.com/companies/85625.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2025/06/27/3106788/0/en/Welsbach-Technology-Metals-Acquisition-Corp-WTMA-Announces-Successful-Approval-for-its-Business-Combination-with-Evolution-Metals-LLC-EM-from-the-Extraordinary-General-Meeting-of-S.html), 2025-06-27: "Today's stockholder approval marks a transformative milestone in our journey to identify a vertically integrated and geopolitically independent supply chain for critical minerals and materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.