ELMT to invest $450M to expand U.S. tungsten capacity
Elmetek Metals Group (ELMT) says it will make a $450M DoW investment to expand U.S. tungsten capacity, launch an independent APT plant, and secure a $2 billion DLA contract.
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10:35:15 AM UTC
SquawkNews
A $450 million investment will expand U.S. tungsten manufacturing, modernize facilities, and establish a resilient, vertically integrated supply chain across the U.S., Australia, and Spain. A $2 billion contract supports the National Defense Stockpile, with phased deliveries as new capacity comes o…
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