Evolution Metals & Technologies Corp.

FOR IMMEDIATE RELEASE

Evolution Metals & Technologies Selects INERGX to Power Planned 5 GW U.S. Facility, With Capacity Equivalent to Approximately 4 Million American Homes

Planned at the output of five nuclear reactors, with a China-free battery supply chain designed to feed EM&T’s own critical materials recovery

MIAMI, FL, October 6, 2026– Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (NASDAQ: EMAT) is moving to generate and control its own power at industrial scale. The Company today announced a Strategic Partnership Letter of Intent (“LOI”) with UK-based INERGX Energy Optimisation Ltd. (“INERGX”) to engineer, supply, integrate and service the energy storage and power optimization systems for EM&T’s planned critical materials and battery black mass recovery facility in the United States (the “Facility”) — a site planned at approximately 1 GW of on-site capacity within two years and up to approximately 5 GW at full build-out, powered by on-site LNG generation.

To put that in perspective: a typical U.S. nuclear reactor produces about 1 GW, according to the U.S. Department of Energy. EM&T’s First Phase alone is planned at the output of a full nuclear reactor. At full build-out, the Facility is planned at the equivalent of five. Run at full output, that capacity is equivalent to the annual electricity use of approximately 4 million American homes — and the First Phase alone to approximately 800,000 — based on U.S. Energy Information Administration data on average annual residential use.