Elmet Group Wins $2B US Tungsten Contract
Elmet Group secured a $2 billion contract from the U.S. Defense Logistics Agency to rebuild the National Defense Stockpile. The agreement aims to strengthen the domestic tungsten supply chain and reduce reliance on foreign producers.
Elmet Group secured a $2 billion contract from the United States Defense Logistics Agency to rebuild the National Defense Stockpile. The award includes a guaranteed funded commitment of $150 million for tungsten supplies. The defense sector relies heavily on the critical mineral for extreme heat resistance.
