The Elmet Group (ELMT) Announces $450 Million Commitment. Can Tungsten Expansion Deliver Profits?
The Elmet Group Co. (NASDAQ:ELMT) announced a $450 million committed Department of War investment on September 14 and closed the initial $200 million financing that day. The remaining $250 million is available through subsequent tranches beginning six months after closing, subject to specified conditions and drawdown deadlines. A separate Defense Logistics Agency contract has a […]
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