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Elmet Group awarded a $2 billion contract by the U.S. Defense Logistics Agency to supply tungsten.

Sep 14, 2026

Contract Type

contract

PortlandManufacturingMiningPrecious Metals

Description

Elmet Group has been awarded a $2 billion contract to supply tungsten materials to help rebuild the National Defense Stockpile. The contract aims to strengthen the U.S. tungsten supply chain while addressing the critical mineral's global supply challenges.

Company Information

Company

Elmet Group

Location

Portland, Maine, United States

About

Elmet Group is a company specializing in tungsten and related materials. They focus on rebuilding the national defense stockpile and strengthening the tungsten supply chain in the U.S. The company is committed to high-quality production and expanding their capabilities. Elmet's initiatives are crucial for enhancing domestic manufacturing and reducing reliance on foreign sources.

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Jacob
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.