ELMT The Elmet Group Co.

The companies have entered into multi-year agreements for the committed supply and sale of tungsten products to the US market.

The arrangement is estimated to have a nominal value of more than $1.87bn (£1.41bn) over the duration of the contract.

Elmet Group’s updated fair value has shifted from US$20.50 to US$23.00, and published analyst price targets now cluster in a range of about US$21 to US$25. Analysts link this change to the US$450m Department of War commitment and to their views on demand from defense, industrial and medical customers, along with the risks around execution and tungsten pricing. As you read on, you will see how this evolving narrative around Elmet Group may shape investor thinking from here. Stay updated as the...

The Elmet Group Co. (NASDAQ:ELMT) announced a $450 million committed Department of War investment on September 14 and closed the initial $200 million financing that day. The remaining $250 million is available through subsequent tranches beginning six months after closing, subject to specified conditions and drawdown deadlines. A separate Defense Logistics Agency contract has a […]

The agency’s deals aims to safeguard the domestic supply of the metal supporting over 100 programs. The funds will also go toward upgrading the supplier’s manufacturing plants in Maine, Michigan and Ohio.

A JV will own and run the APT plant, while Blue Moon Metals retains control over the mine and mill.

EQ Resources has signed a binding framework agreement for a 10% stake in a U.S. joint venture that plans to restart the 4,000-tonne-per-year Springer tungsten processing plant in Nevada.

Investors reassessed opportunities across cybersecurity, defense materials, and identity protection.

Elmet Group shares soared after the Defense Department announced a $450 million investment aimed at expanding U.S. tungsten production and reducing reliance on China.

The Elmet Group soared above a buy point Monday after the Pentagon agreed to invest $450 million in the company to boost domestic production of tungsten.

The Elmet Group Co. (NASDAQ:ELMT) said on September 14, 2026, that the US Department of War has committed to invest $450 million in the company to expand domestic tungsten manufacturing and international mining capacity.

A push to rebuild domestic tungsten supplies is putting ELMT and BMM in focus, with Elmet securing $450 million in government investment and a DLA contract worth up to $2 billion.

Blue Moon Metals (BMM), along with Elmet (ELMT) and EQ Resources, made a binding agreement for a ser

Elmet (ELMT) announced Monday that it will receive $450 million in committed investment from the US

Prosper Stars & Stripes, a long/short equity fund, recently released its second-quarter 2026 investor letter. The letter can be downloaded here. In Q2 2026, the portfolio delivered a strong net return of +30.1% compared to the Russell 2000 Index’s +21.5% return and the HFRX Equity Hedge Index’s +10.3% return. The long book drove performance, generating […]

The consensus price target hints at a 26.5% upside potential for The Elmet Group Co. (ELMT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Defense backlog surged 100% as the company scales domestic refractory metals production.

Elmet Group (NASDAQ:ELMT) reported second-quarter fiscal 2026 revenue growth of 35.2% as demand increased across aerospace, defense and government, industrial, medical and semiconductor markets, while higher tungsten and molybdenum prices also contributed to results. Revenue rose to $66.4 million f