# EDGAR Filing Document

**Accession Number:** 0002043020
**File Stem:** 0001213900-25-118692
**Filing Date:** 2025-12
**Character Count:** 15656
**Document Hash:** 0efee8660667d77c093ce991317d3b3a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-118692.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0001213900-25-118692

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20251205

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Evolution Metals LLC
- **CENTRAL INDEX KEY:** 0002043020
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 991246300
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-283119-05
- **FILM NUMBER:** 251552791

**BUSINESS ADDRESS:**
- **STREET 1:** 516 S DIXIE HWY, UNIT 209
- **CITY:** WEST PALM BEACH
- **STATE:** FL
- **ZIP:** 33401
- **BUSINESS PHONE:** 1 (561) 517-3750

**MAIL ADDRESS:**
- **STREET 1:** 516 S DIXIE HWY, UNIT 209
- **CITY:** WEST PALM BEACH
- **STATE:** FL
- **ZIP:** 33401

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT** Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of report (date of earliest event reported): December 5, 2025

**Evolution Metals LLC**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **333-283119-05** | **99-1246300** |
| (State or other jurisdiction of<br> incorporation or organization) | (Commission File Number) | (IRS Employer<br> Identification No.) |

---

**516 S Dixie Hwy, Unit 209**

**West Palm Beach, FL, 33401**

(Address and zip code of principal executive offices)

**(561) 517-3750**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement.**

**<u>KIGAM Magnet Technology Transfer Agreement</u>**

On December 5, 2025, Evolution Metals LLC ("EM", "Evolution Metals" or the "Company") entered into a magnet technology transfer and license agreement (the "Magnet Technology Transfer Agreement") with the Korea Institute of Geoscience and Mineral Resources ("KIGAM").

Under the Magnet Technology Transfer Agreement, KIGAM agreed to transfer to EM certain patented processes.

KIGAM is the world's foremost leading Geoscience Research Institute outside China and is a global authority on Rare Earth Separation and Magnet Material Technologies as the Korean Government's National Rare Earth Research Center. KIGAM has been a global leader in rare earth research and development since 1918.

The transferred technologies include patented selective-leaching and solvent-extraction processes covering permanent magnet waste, concentrates, oxides, and end-of-life-magnet-derived mixtures. The technology package includes all process-condition data and technical documentation for designing and operating a 250-ton-per-year recovery system, including mass balance, heat balance, process flowsheets, engineering drawings, utility specifications, and other technical supporting materials. KIGAM will provide process-specific training, technical consulting, and technical support during commissioning of their technologies.

Specifically, the Magnet Technology Transfer Agreement includes rights under the following Korean patents:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Recovery of rare-earth elements from permanent magnets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Selective neodymium leaching from Nd-containing permanent magnets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Selective neodymium leaching from NdFeB forming scrap containing cutting oil

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Solvent extraction technology from rare-earth elements concentrates and rare-earth containing materials.

The Magnet Technology Transfer Agreement also includes solvent extraction technologies from rare earth elements concentrates and rare earth-containing materials.

Under the Magnet Technology Transfer Agreement, EM received a 10-year license, renewable, with territorial coverage in the Republic of Korea and the United States, including export rights.

**<u>KIGAM Battery Technology Transfer Agreement</u>**

On December 5, 2025, EM entered into a battery technology transfer and license agreement with KIGAM (the "Battery Technology Transfer Agreement").

Under this Battery Technology Transfer Agreement, KIGAM agreed to transfer to EM hydrometallurgical technologies for recovering valuable metals from manufactured lithium-ion batteries, including automated solvent-extraction controls and precursor-manufacturing methodologies.

The transferred technologies include patented hydrometallurgical processes for the recovery of valuable metals from spent lithium-ion battery black mass, including automated multi-stage solvent-extraction controls and precursor-manufacturing methodologies. The technology package includes all process-condition data and technical documentation for designing and operating a hydrometallurgical recovery system, including mass balance, heat balance, process flowsheets, basic engineering, engineering drawings, utility specifications, and other technical supporting materials. KIGAM will provide process-specific training, technical consulting, and technical support during commissioning.

Specifically, the Battery Technology Transfer Agreement includes rights under the following Korean patents:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Color-based automatic control system for continuous multi-stage solvent-extraction equipment for lithium-ion batteries

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Precursor powder for cathode materials and associated manufacturing method

Under the Battery Technology Transfer Agreement, EM received a 10-year license, renewable, with territorial coverage in the Republic of Korea and the United States, including export rights.

EM plans to integrate the KIGAM magnet and battery technologies with its existing proprietary technology and intellectual property to expand EM's already advanced separation and beneficiation capabilities for recovering rare-earth and battery materials.

**Item 7.01. Regulation FD Disclosure.**

On December 5, 2025, Evolution Metals LLC ("EM") issued a press release announcing that EM entered into two technology transfer and license agreements with KIGAM relating to rare-earth magnet technologies and lithium-ion battery hydrometallurgical beneficiation technologies. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference into any filing of EM under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) *Exhibits*.

The following exhibits are being filed herewith:

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release of Evolution Metals LLC, dated as of December 5, 2025](ea026849501ex99-1_evolution.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: December 5, 2025

---

| | |
|:---|:---|
| **Evolution Metals LLC** | **Evolution Metals LLC** |
| By*:* | */s/ David Wilcox* |
| Name: | David Wilcox |
| Title: | Managing Member |

---

## Exhibit 99.1

**Exhibit 99.1**

**Evolution Metals LLC Enters into Two Technology Transfer Agreements with KIGAM to Advance<br> Rare-Earth Magnet and Li-Ion Battery Materials Production Capabilities**

West Palm Beach, FL – December 5, 2025 — Evolution Metals LLC ("EM", "Evolution Metals" or the "Company"), a secure and reliable global Critical Minerals & Materials (CMM) supply chain serving key industries such as automotive, renewable energy, and military/defense sectors, announced that it has entered into license and technology transfer agreements with the Korea Institute of Geoscience and Mineral Resources ("KIGAM"), the world's foremost leading Geoscience Research Institute outside China and a global authority on Rare Earth Separation and Magnet Material Technology and advanced hydrometallurgy as the Korean Government's National Rare Earth Research Center.

These agreements provide Evolution Metals exclusive access to KIGAM's patented, commercially viable technologies for (i) rare-earth, and (ii) lithium-ion battery materials production. The technology packages include complete process engineering documentation, operational parameters, and plant design data enabling Evolution Metals to deploy and scale these processes for future commercial facilities in the United States and the Republic of Korea. Evolution Metals plans to integrate the KIGAM technologies with its existing commercial and proprietary technologies and intellectual property to expand EM's already advanced separation and beneficiation capabilities for recovering rare-earth and battery materials.

**Magnet Technology Transfer Agreement**

Under the Magnet Technology Transfer Agreement, KIGAM will transfer to EM patented selective-leaching and solvent-extraction processes for treating permanent magnets, machining scrap, concentrates, oxides, and magnet-derived materials.

The technology package includes all process-condition data and technical documentation required to design and operate scale magnet production, including mass and heat balances, process flowsheets, engineering drawings, utility specifications, and related technical materials.

KIGAM will also provide process-specific training, technical consulting, and commissioning support.

Under the Magnet Technology Transfer Agreement, EM received a 10-year license, renewable, with territorial coverage in the Republic of Korea and the United States, including export rights.

**Battery Technology Transfer Agreement**

Under the Battery Technology Transfer Agreement, KIGAM will transfer to EM hydrometallurgical technologies for reclaiming valuable metals from spent lithium-ion battery black mass, including automated multi- stage solvent-extraction controls and precursor-manufacturing methodologies.

The technology package includes all process-condition data and documentation needed to design and operate a hydrometallurgical system, including mass balance, heat balance, flowsheets, basic engineering, utility specifications, and related reference materials.

KIGAM will also provide training, consulting, and commissioning-phase support.

Under the Battery Technology Transfer Agreement, EM received a 10-year license, renewable, with territorial coverage in the Republic of Korea and the United States, including export rights.

**Strategic Significance**

"We are honored to partner with KIGAM, one of the most respected rare earth research institutions in the world, and believe it's an important addition and validation of Evolution Metals," said David Wilcox, Managing Member of Evolution Metals LLC. "These technologies strengthen our strategic platform in rare earth and battery materials production, complementary to our existing commercial materials and magnet production, enabling Evolution Metals to expand its midstream processing capabilities across the U.S. and Korea. The ability to scale these systems represents critical steps toward further building a secure, independent, and resilient supply chain for critical materials in the United States, and our allies, free from China."

These agreements expand EM's technological foundation for developing magnet-to-oxide recovery pathways, producing battery-grade intermediates, and supplying downstream industries including, but not limited to, electric vehicles, renewable energy, electronics, aerospace, and defense.

**About Evolution Metals LLC**

Evolution Metals LLC ("EM") is committed to establishing a secure, robust and reliable supply chain for critical minerals & materials (CMM) that is 100% independent of China for sourcing or supplying feedstocks. EM's strategy is to acquire and develop manufacturing, recycling and processing facilities to produce essential products (including magnets, battery feedstocks and related materials) for industrial uses such as, but not limited to, electric vehicles, electronics, environmental technologies and aerospace and defense applications. EM aims to support the creation of jobs, industry and manufacturing to promote a greener future by providing bespoke solutions to support its clients globally.

**About KIGAM**

The Korea Institute of Geoscience and Mineral Resources ("KIGAM") is a leading national research institute specializing in geoscience, mineral processing, hydrometallurgy, and advanced recycling technologies. KIGAM develops commercial-scale solutions for strategic minerals and has longstanding partnerships with government, industry, and global research organizations.

**Forward-Looking Statements**

This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. These statements are based on current expectations, estimates, forecasts, and projections and are not guarantees of future performance. Forward-looking statements include, but are not limited to, statements regarding the scalability, deployment, or commercial implementation of technologies described herein; anticipated operational capabilities; and future development plans of Evolution Metals LLC. Actual results may differ materially due to risks and uncertainties, including those described in filings with the U.S. Securities and Exchange Commission. Evolution Metals LLC undertakes no obligation to update or revise any forward-looking statements.

**Media & Investor Contact**

**Evolution Metals LLC**

Attn: Judith McGarry

Email: judith.mcgarry@evolution-metals.com

Phone: +1 (415) 971-2900