Elmet Stock Surges on $450 Million Pentagon Deal for Tungsten — Barrons.com
By Mariapaula Gonzalez and Al RootThe U.S. Department of Defense is backing a small strategic metals producer to scale up domestic tungsten production, a critical metal essential for military hardware.Shares of Elmet Group, the only American-owned tungsten producer, surged 33% to $21.56 on Monday…
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