Tag: the_elmet_group

Pentagon Invests $450 Million in Elmet Group to Secure Domestic Tungsten Supply

14 Sep 2026 7:22 a.m. · Source: U.S. Department of War

The Department of War announced a $450 million preferred equity investment in The Elmet Group to expand domestic tungsten processing and reduce reliance on Chinese-dominated supply chains.

Politics and Government Business USA Federal Government Economy Trade Military Employment and Labor Department of War The Elmet Group tungsten defense industrial base supply chain Economic Defense Unit Mike Cadenazzi U.S. Department of War