The Elmet Group Co. (ELMT) Latest Company News

Oct 1, 2026, 19:30 UTC
The Elmet Group Co. acquired 55,138,174 shares, or 4.99 per cent of Masan High-Tech Materials' charter capital, for approximately $124.75 million in a negotiated transaction.
Source:
- vietnamnews.vn
Sep 30, 2026, 12:30 UTC
Elmet Technologies was awarded a contract valued at approximately $36 million by the U.S. Defense Logistics Agency to supply high-performance molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile.
Source:
- globenewswire.com
Sep 28, 2026, 03:20 UTC
Vietnam-based tungsten miner Masan High-Tech Materials announced it will receive a 4.99% equity investment from US precision components maker Elmet Group and signed a long-term tungsten supply contract.
Source:
- nikkei.com
Sep 24, 2026, 12:38 UTC
Masan High-Tech Materials Corporation entered a multi-year tungsten supply partnership with The Elmet Group Co. for the U.S. market, covering committed procurement and sale agreements.
Source:
Sep 24, 2026, 01:18 UTC
The Elmet Group Co. agreed to acquire a 4.99% equity stake in Vietnam-based Masan High-Tech Materials Corporation for $124.75 million as part of a long-term strategic relationship including multi-year tungsten supply agreements.
Source:
Sep 22, 2026, 10:12 UTC
Elmet Group Co. issued and sold to Blue Moon Metals Inc. an unregistered warrant to purchase up to 1,166,970 shares of common stock at an exercise price of $21.423 per share, as consideration for Blue Moon's entry into a binding letter agreement.
Sep 14, 2026, 20:44 UTC
Elmet Group Co. signed a private placement with the United States Department of War for 200,000 shares of Class A Redeemable Preferred Stock at $1,000 per share plus warrants for up to 7,567,341 common shares, raising $200 million.
Sep 14, 2026, 20:44 UTC
Elmet Group Co. signed a binding letter agreement with Blue Moon Metals Inc., Blue Moon (Springer) Inc. and EQ Resources Limited to form a 70/20/10 joint venture, purchase 3,500,000 Blue Moon units at CAD 10.00 each, provide a $50 million tungsten prepayment facility, and issue warrants for $25 million of its common stock.
Source:
- s.kabutan.jp
- reuters.com
Sep 14, 2026, 20:44 UTC
Elmet Group Co. adopted a Restricted Entity Compliance Plan and issued one preferred share purchase right per outstanding common share, each right exercisable for one one-thousandth of a share of Class B Preferred Stock at $86.00.
Sep 14, 2026, 19:37 UTC
The Elmet Group Co. said it will establish Elmet Refining & Trading (ERT), a new unit to coordinate procurement, processing and material delivery across its global network.
Source:
- wap.eastmoney.com
Sep 14, 2026, 19:37 UTC
Shares of The Elmet Group Co. surged about 55% intraday to a record high of $25.03, the highest intraday price since its April listing, after the U.S. Department of War investment announcement.
Source:
- wap.eastmoney.com
Sep 14, 2026, 13:45 UTC
Elmet Group plans to invest more than $165 million in facilities in Maine, Michigan and Ohio to expand production capacity, increase tungsten output and modernize infrastructure supporting U.S. defense, aerospace and industrial programs.
Source:
- finance.yahoo.com
- wap.eastmoney.com
Sep 14, 2026, 13:45 UTC
Elmet Group said one of its units was awarded a contract worth about $2 billion by the U.S. Defense Logistics Agency to rebuild the National Defense Stockpile and strengthen the U.S. tungsten supply chain.
Source:
- finance.yahoo.com
Sep 14, 2026, 09:15 UTC
The U.S. Department of War made a $450 million committed investment in The Elmet Group to secure America's tungsten supply chain and enhance domestic manufacturing capacity.
Source:
Sep 8, 2026, 12:30 UTC
The Elmet Group Co. signed a definitive agreement for its German subsidiary Elmet Technologies GmbH to acquire ams OSRAM's tungsten and molybdenum manufacturing operations in Schwabmünchen, Bavaria, Germany.
Source:
Aug 13, 2026, 12:00 UTC
The Elmet Group Co. reported its fiscal second quarter 2026 results, with revenue increasing over 35%, gross profit margin expanding by over 430 basis points, adjusted EBITDA increasing 57.9%, and backlog rising nearly 55% to a record $132 million.
Source:
Aug 13, 2026, 12:00 UTC
The Elmet Group Co. successfully completed an upsized initial public offering, raising net proceeds of $125.4 million.
Source:
- globenewswire.com
Jun 25, 2026, 20:05 UTC
The Elmet Group Co. exercised an option to purchase 20 million ordinary shares of EQ Resources Limited, increasing its ownership stake.
Source:
- globenewswire.com
Jun 9, 2026, 12:30 UTC
Elmet Technologies, a subsidiary of The Elmet Group Co., was awarded a $4.3 million contract from the United States Department of War to develop domestic manufacturing capabilities for molybdenum-based products and refractory metal components for defense programs.
Source:
- globenewswire.com
Jun 2, 2026, 12:30 UTC
Microwave Techniques, a subsidiary of The Elmet Group Co., licensed ARC Sentry arc detector technology from Brookhaven National Laboratory to manufacture and commercialize the system.
Source:
- globenewswire.com

ELMT

The Elmet Group Co. acquired 55,138,174 shares, or 4.99 per cent of Masan High-Tech Materials' charter capital, for approximately $124.75 million in a negotiated transaction.

Elmet Technologies was awarded a contract valued at approximately $36 million by the U.S. Defense Logistics Agency to supply high-performance molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile.

Vietnam-based tungsten miner Masan High-Tech Materials announced it will receive a 4.99% equity investment from US precision components maker Elmet Group and signed a long-term tungsten supply contract.

Masan High-Tech Materials Corporation entered a multi-year tungsten supply partnership with The Elmet Group Co. for the U.S. market, covering committed procurement and sale agreements.

The Elmet Group Co. agreed to acquire a 4.99% equity stake in Vietnam-based Masan High-Tech Materials Corporation for $124.75 million as part of a long-term strategic relationship including multi-year tungsten supply agreements.

Elmet Group Co. issued and sold to Blue Moon Metals Inc. an unregistered warrant to purchase up to 1,166,970 shares of common stock at an exercise price of $21.423 per share, as consideration for Blue Moon's entry into a binding letter agreement.

Elmet Group Co. signed a private placement with the United States Department of War for 200,000 shares of Class A Redeemable Preferred Stock at $1,000 per share plus warrants for up to 7,567,341 common shares, raising $200 million.

Elmet Group Co. adopted a Restricted Entity Compliance Plan and issued one preferred share purchase right per outstanding common share, each right exercisable for one one-thousandth of a share of Class B Preferred Stock at $86.00.

The Elmet Group Co. said it will establish Elmet Refining & Trading (ERT), a new unit to coordinate procurement, processing and material delivery across its global network.

Shares of The Elmet Group Co. surged about 55% intraday to a record high of $25.03, the highest intraday price since its April listing, after the U.S. Department of War investment announcement.

Elmet Group plans to invest more than $165 million in facilities in Maine, Michigan and Ohio to expand production capacity, increase tungsten output and modernize infrastructure supporting U.S. defense, aerospace and industrial programs.

Elmet Group said one of its units was awarded a contract worth about $2 billion by the U.S. Defense Logistics Agency to rebuild the National Defense Stockpile and strengthen the U.S. tungsten supply chain.

The U.S. Department of War made a $450 million committed investment in The Elmet Group to secure America's tungsten supply chain and enhance domestic manufacturing capacity.

The Elmet Group Co. signed a definitive agreement for its German subsidiary Elmet Technologies GmbH to acquire ams OSRAM's tungsten and molybdenum manufacturing operations in Schwabmünchen, Bavaria, Germany.

The Elmet Group Co. reported its fiscal second quarter 2026 results, with revenue increasing over 35%, gross profit margin expanding by over 430 basis points, adjusted EBITDA increasing 57.9%, and backlog rising nearly 55% to a record $132 million.

The Elmet Group Co. successfully completed an upsized initial public offering, raising net proceeds of $125.4 million.

The Elmet Group Co. exercised an option to purchase 20 million ordinary shares of EQ Resources Limited, increasing its ownership stake.

Elmet Technologies, a subsidiary of The Elmet Group Co., was awarded a $4.3 million contract from the United States Department of War to develop domestic manufacturing capabilities for molybdenum-based products and refractory metal components for defense programs.

Microwave Techniques, a subsidiary of The Elmet Group Co., licensed ARC Sentry arc detector technology from Brookhaven National Laboratory to manufacture and commercialize the system.