Sep 202614
Department of War takes a stake in Elmet Group
Only U.S.-owned, fully integrated producer of tungsten and molybdenum materials and components
Up to $450 millionClosed Sep 14, 2026
Company
Elmet Technologies
Elmet is the only US owned and operated fully integrated producer of pure tungsten and molybdenum flat and long products. ↗
| Department of War obligations | $1 million in prime contracts since fiscal 2022 ↗ |
|---|---|
| Ownership | $450 million Department of War committed investment ↗ |
Products
- Elmet makes tungsten heavy alloy in ASTM B777 Class 1, 2, 3 and 4, in blocks, rods, plate, sheet and finished parts. ↗
- Elmet makes tungsten kinetic energy penetrators as munition parts. ↗
- Elmet makes tungsten and heavy alloy cubes and spheres for fragmentation parts, and is expanding that capability. ↗
- Elmet makes molybdenum sputtering targets, including molybdenum tantalum targets. ↗
- Elmet makes TZM molybdenum alloy plate, sheet, rod and wire. ↗
- Elmet makes lanthanated molybdenum sheet, rod and wire. ↗
- Elmet makes molybdenum, TZM and tungsten hot zone parts. ↗
- Elmet makes molybdenum fasteners, including threaded rod and hex nuts. ↗