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Elmet Group Secures $2.5B DOD Agreements

September 16, 2026

2 min read

Key Takeaways

The Elmet Group secured $2.5B in DOD agreements.
Deals aim to safeguard domestic tungsten supply.
Tungsten supports over 100 DOD programs.
Elmet plans to modernize and expand US manufacturing capacity.

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Strategic Implications

This agreement may indicate the DOD's efforts to secure critical mineral supplies, which could strengthen the domestic aerospace and defense industries. The investment in Elmet's manufacturing capacity suggests a long-term commitment to supporting national defense programs, which could have significant implications for the industry's supply chain and competitiveness.

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What Happened

Tungsten Supply Deals Support Over 100 Defense Programs

The Elmet Group has secured $2.5 billion in agreements with the Department of Defense to support the domestic supply of tungsten, a critical mineral used in over 100 defense programs. The deals include a guaranteed $150 million minimum commitment to supply tungsten concentrates and sodium tungstate to the Defense Logistics Agency’s Strategic Materials office. Elmet plans to use $165 million of the DOD’s investment to modernize and expand its US manufacturing capacity, including the restart of the Springer Tungsten Complex in Nevada. This development was first reported by an unknown source.

Source | Originally Published: September 15, 2026

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