Markets

Blue Moon Metals, Elmet Group And EQ Resources To Invest $150M-$175M In The Springer Tungsten Complex In Nevada

Sep 14, 2026 · 05:57 AM ET· updated 53m ago

Binding letter agreement dated September 11, 2026 regarding a series of strategic transactions intended to unlock the value of Blue Moon's Springer Tungsten Complex ("Springer"), located in Imlay, Nevada.

Why It Matters

Three companies are putting 150 to 175 million dollars into a tungsten mine in Nevada. This shows they believe the mine can be valuable and worth developing together.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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