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Elmet Group Lands $450M US Government Investment To Expand Tungsten Manufacturing, To Invest More Than $165M Across Maine, Michigan And Ohio With Federal Backing

Sep 14, 2026 · 05:22 AM ET· updated 41m ago

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

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Why It Matters

Elmet Group got $450 million from the US government to make more tungsten. This money shows the government thinks this business is important for America.

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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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