Elmet Group Expects To Take Over 1,000 Metric Tonnes Per Year Of Tungsten Concentrate; Agreement Represents Over $230M Annually In Offtake At Current Ammonium Paratungstate Tungsten Prices; Hemerdon Mine Targets Full-Scale Production By End Of Q1 2027
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten deposits Further advances the objectives of the United States Department of War’s $450 million committed investment announced September 14, 2026 Represents more than $230 m