Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America’s Tungsten Supply Chain
The Elmet Group News
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Elmet Technologies Awarded $36 Million Defense Logistics Agency Contract for Molybdenum and Tungsten Aerospace Materials
Contract covers high-performance alloys and precision wire used in the production of jet engine components Award is in addition to the $2 billion DLA tungsten stockpile contract announced September 14,…
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The Elmet Group to Invest Approximately $125 Million in Masan High-Tech Materials to Strengthen Tungsten Supply Chain
Two industry leaders formalize strategic relationship spanning the full tungsten value chain Investment includes a 4.99% ownership stake and multi-year supply agreements across key production stages Further advances the objectives…
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The Elmet Group Secures Long-Term Tungsten Offtake Agreement with Tungsten West’s Hemerdon Mine
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten deposits Further advances the objectives of the…
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The Elmet Group to Deploy Strategic Capital to Strengthen U.S. and Allied Tungsten Supply Chain
$450 Million Department of War Committed Investment Expected to Expand ELMT’s Global Tungsten Mining Network and Processing Capabilities PORTLAND, Maine – September 14, 2026 – The Elmet Group Co. (NASDAQ:…
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Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America’s Tungsten Supply Chain
Investment expected to enhance domestic manufacturing capacity and reduce foreign dependence on critical minerals Anticipated to expand ELMT’s resilient global tungsten mining network and processing capabilities ELMT secures up to…
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The Elmet Group Co. Signs Agreement to Acquire ams OSRAM Schwabmünchen Metal Production Operations, Establishing European Manufacturing Footprint for Tungsten and Molybdenum Components
Acquisition Expected to Expand Global Production Capabilities for Critical Refractory Metal Products PORTLAND, Maine, USA – September 8, 2026 – The Elmet Group Co. (“Elmet,” the “Company,” “we,” or “our”)…
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The Elmet Group Co. Reports Second Quarter 2026 Results
Continued demand acceleration in Aerospace, Defense & Government markets Revenue increased over 35%, with over 430 basis points of gross profit margin expansion driving adjusted EBITDA increase of 57.9% Backlog…
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The Elmet Group Co. Schedules Second Quarter 2026 Earnings Call
PORTLAND, Maine – July 30, 2026 – The Elmet Group Co. (“Elmet” or the “Company”), a U.S.-based provider of precision-engineered components and advanced high-energy systems, will hold a conference call…
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The Elmet Group Co. Increases Ownership in EQ Resources Limited, Furthering its Investment in Critical Tungsten Supply Chain
PORTLAND, Maine – June 25, 2026 – 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…
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The Elmet Group Co. Set to Join Russell 3000® and Russell Microcap® Indexes
PORTLAND, Maine – June 23, 2026 – The Elmet Group Co. (Nasdaq: ELMT) (“Elmet” or the “Company”), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to…