LEWISTON, Maine — September 30, 2026 — Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), today announced it has been awarded a contract valued at approximately $36 million by the Defense Logistics Agency (“DLA”) to supply high-performance molybdenum and tungsten alloys and precision wire to the […]
The Elmet Group to Invest Approximately $125 Million in Masan High-Tech Materials to Strengthen Tungsten Supply Chain
PORTLAND, Maine — September 23, 2026 — 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, today announced a long-term strategic relationship with Vietnam-based Masan High-Tech Materials Corporation (UPCoM: MSR) (“MSR”) under which ELMT will acquire a 4.99% equity stake in MSR […]
The Elmet Group Secures Long-Term Tungsten Offtake Agreement with Tungsten West’s Hemerdon Mine
PORTLAND, Maine — September 22, 2026 — 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, today announced that it has signed a long-term tungsten concentrate offtake agreement with Tungsten West plc (AIM: TUN) (“Tungsten West”) covering production from the Hemerdon Mine […]
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: 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 […]
Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America’s Tungsten Supply Chain
PORTLAND, Maine — September 14, 2026 — 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, today announced a $450 million committed investment from the United States Department of War (“DoW”) to accelerate ELMT’s U.S. manufacturing capabilities and expand agreements with key […]
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”) (NASDAQ: ELMT), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced that it has signed a definitive agreement under which its newly […]
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 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, […]
Elmet Technologies Acquires H.C. Starck Solutions Americas
Elmet Technologies Acquires H.C. Starck Solutions Americas to Form a Global Leader in Tungsten and Molybdenum Materials and Components Combined Company Offers Broadened Portfolio for Customers and Plans Growth Across 3 US Facilities Lewiston, Maine, USA – Elmet Technologies, the only fully integrated, U.S. owned and operated tungsten and molybdenum manufacturer, today announces the successful […]
DFARS Compliant Tungsten
When it comes to sourcing tungsten materials, such as tungsten heavy alloy, you’ll want to make sure the materials are manufactured by a DFARS compliant tungsten supplier. DFARS is a set of regulations, administered by the Department of Defense (DoD). As a well-known set of rules and restrictions on foreign sources of supply, its purpose […]
Senator Susan Collins Announces $4.2 Million for Elmet Technologies in Lewiston
Washington, D.C.—U.S. Senator Susan Collins announced today that Elmet Technologies in Lewiston was awarded a $4.2 million contract to accelerate its development of tungsten heavy alloy and molybdenum products to supply various needs of the Department of Defense (DoD). “Ensuring the availability and technological superiority of tungsten heavy alloy and molybdenum products is an important […]