Supplier
The Elmet Group
U.S.-owned producer of tungsten and molybdenum materials and components.
Government awards & programs1 award · up to $450M ceiling
Awards received1
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| Sep 14, 2026 | IBAS redeemable preferred equity investmentpress:the-elmet-group:2026-09-14:ibas-equity | U.S. Department of Defense | Equity | — | — | Up to $450M | Confirmed |
- IBAS redeemable preferred equity investmentSep 14, 2026 · EquityConfirmedUp to $450MCeiling
Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.
Supply chain2 inputs
Produces, processes or develops2
| Input | Relation | Criticality | Capacity | Global share | Facility | Confidence |
|---|---|---|---|---|---|---|
| Molybdenum | Produces | — | — | — | — | Confirmed |
| Tungsten | Produces | — | — | — | — | Confirmed |
- ProducesProducer of materials and components; no current capacity quantity inferred from expansion plans.Confirmed
- ProducesProducer of materials and components; no current capacity quantity inferred from expansion plans.Confirmed
Sources1
- 1Government recordDepartment of War Announces a $450 Million Investment in The Elmet Group to Secure America's Tungsten Supply Chain
Sep 14, 2026 · Supports Government award, Organization, Organization input
“announced today a $450 million redeemable preferred equity investment in The Elmet Group through the Industrial Base Analysis and Sustainment program.”
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