Elmet Group raises stake in EQ Resources to 23.6 million shares

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The Elmet Group Co. Increases Ownership in EQ Resources Limited, Furthering its Investment in Critical Tungsten Supply Chain

June 25, 2026 4:05 PM EDT

PORTLAND, Maine, June 25, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) (Elmet or the Company), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced it has exercised its option to purchase 20 million ordinary shares of EQ Resources Limited (EQR), a global tungsten producer with operations in Australia and Spain, as part of a... More