Elmet Group to deploy $450M U.S. DoW investment in tungsten supply

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Go back to Elmet Group to deploy $450M U.S. DoW investment in tungsten supply

The Elmet Group to Deploy Strategic Capital to Strengthen U.S. and Allied Tungsten Supply Chain

September 14, 2026 5:16 AM EDT

$450 Million Department of War Committed Investment Expected to Expand ELMT's Global Tungsten Mining Network and Processing Capabilities

PORTLAND, Maine, Sept. 14, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), a U.S.-based provider of critical materials, precision-engineered components, and advanced high-energy systems, plans to allocate capital from the $450 million committed investment from the United States... More