The latest update is out from Welsbach Technology Metals Acquisition Corp. ( (WTMA) ).
Welsbach Technology Metals Acquisition Corp. and Evolution Metals LLC are merging to form Evolution Metals & Technologies Corp., aiming to strengthen the midstream processing of critical metals like lithium and rare earths. This merger seeks to reduce reliance on Chinese producers by expanding manufacturing processes and enhancing recycling capabilities in the U.S., supporting industries such as automotive and renewable energy. The initiative includes integrating advanced robotics and AI to optimize production, thus promising a more resilient and independent supply chain for critical materials.
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