News

Defense Play Elmet, Up 45% Since Its April IPO, Gets 50% Target Hike

Products and components from Elmet Group are found in an array of defense-related equipment. Shares are up 49% from its April IPO.

Yahoo·11:03ELMT▲+1.9%

Cantor Fitzgerald Maintains Overweight on The Elmet Group, Raises Price Target to $30

Cantor Fitzgerald analyst Colin Canfield maintains The Elmet Group (NASDAQ:ELMT) with a Overweight and raises the price target from $20 to $30.

Benzinga·03:11ELMT▲+1.9%

Blue Moon Metals Raises CA$35 Million Via Non-Brokered Private Placement with The Elmet Group

Blue Moon Metals (MOON.V, BMM) closed its non-brokered private placement with The Elmet Group (ELMT)

Yahoo·08:06ELMT▲+1.9%

Blue Moon Metals Closes C$35 Million Private Placement with The Elmet Group and Board Appointment

Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM), is pleased to announce that it has closed its previously announced non-brokered private placement (the "Equity Subscription") with The Elmet Group ("TEG") (NASDAQ: ELMT). The Equity Subscription was made in connection with TEG's investment in the Springer Tungsten Complex (the "Springer Project"), as announced on September 14, 2026. Under the Equity Subscription, the Company issued 3,500,000 units of the Company (th

Yahoo·06:45ELMT1.9%

Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times

Benzinga·08:33

Six Holes, 3,050 Feet and a Federal Deadline: Nevada Tungsten Moves Toward the Drill

Market Updates News Commentary - The global tungsten market is valued at approximately $6.66 billion in 2026 and is projected to reach about $9.62 billion by 2030, a compound annual growth rate of roughly 9.6%, according to The Business Research Company. In the United States, the bigger story is where that tungsten will come from. Beginning January 1, 2027, U.S. defense procurement rules restrict tungsten sourced from China, Russia, Iran and North Korea, and Washington has spent the past month f

Yahoo·09:03

Elmet Group (ELMT) Stock Sees Fair Value Lift After Analyst Backing For Growth Projects

Elmet Group’s analyst fair value target has shifted from US$23 to US$25, which provides a fresh reference point for thinking about where the stock might be valued today. Research updates link this change to new government funding commitments, capacity projects and the Elmet Refining & Trading segment. Analysts see these factors as important components of the company’s long term story. Read on to see what is driving these revised assumptions and how to keep track of the evolving Elmet Group...

Yahoo·19:12ELMT▲+1.9%

Defense Stockpile Orders Send Explorers Back to Old Tungsten Camps

Equity Insider News Commentary - The global tungsten market is valued at approximately $6.66 billion in 2026 and is projected to reach about $9.62 billion by 2030, a compound annual growth rate of roughly 9.6%, according to The Business Research Company. Washington is now putting purchase orders behind that demand. In September, the U.S. Defense Logistics Agency awarded an indefinite-delivery, indefinite-quantity contract with a ceiling of up to $2 billion for tungsten ores, concentrates and sod

Yahoo

Elmet: Why This Irreplaceable Pentagon Supplier Is A Strong Buy

The Elmet Group is the sole U.S.-owned, fully-integrated supplier of critical refractory metals. Find out why ELMT stock is a strong buy.

SeekingAlpha·03:20ELMT▲+1.9%

Needham Maintains Buy on The Elmet Group, Raises Price Target to $28

Needham analyst James Ricchiuti maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $25 to $28.

Benzinga·01:53ELMT▲+1.9%

Canaccord Genuity Maintains Buy on The Elmet Group, Raises Price Target to $26

Canaccord Genuity analyst Austin Moeller maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $21 to $26.

Benzinga·10:16ELMT▲+1.9%

ELMT Stock Surges Over 11% – Elmet Technologies Lands $36M DLA Contract For Tungsten, Molybdenum Aerospace Materials

Elmet Technologies won a new DLA award for refractory-metal products as it expands its tungsten and molybdenum operations.

Yahoo·12:05ELMT▲+1.9%

Elmet Technologies Awarded $36 Million Defense Logistics Agency Contract for Molybdenum and Tungsten Aerospace Materials

Contract covers high-performance alloys and precision wire used in the production of jet engine components Award is in addition to the $2 billion DLA tungsten stockpile contract announced September 14, 2026 Further strengthens Elmet’s role as a domestic supplier of critical materials to domestic ADG markets LEWISTON, Maine, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), today announced it has been

Yahoo·08:30ELMT

Elmet Technologies' Subsidiary Receives ~$36M Contract From Defense Logistics Agency To Provide Molybdenum And Tungsten Alloys And Precision Wire To U.S. National Defense Stockpile

Elmet Technologies, a wholly owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT) ("ELMT" or the "Company"), today announced it has been awarded a contract valued at approximately $36 million by the

Benzinga·04:37ELMT▲+1.9%

Elmet to buy 4.99% interest in Masan High-Tech Materials for $2.5bn

The companies have entered into multi-year agreements for the committed supply and sale of tungsten products to the US market.

Yahoo·04:39ELMT▲+1.9%

Elmet Group Secures 4.99% Stake In Vietnam-based Masan High-Tech Materials For $124.75M, Signs Multi-Year Tungsten Supply Agreements

Two industry leaders formalize strategic relationship spanning the full tungsten value chainInvestment includes a 4.99% ownership stake and multi-year supply agreements across key production stagesFurther advances the

Benzinga·23:50ELMT▲+1.9%

The Elmet Group to Invest Approximately $125 Million in Masan High-Tech Materials to Strengthen Tungsten Supply Chain

Two industry leaders formalize strategic relationship spanning the full tungsten value chain Investment includes a 4.99% ownership stake and multi-year supply agreements across key production stages Further advances the objectives of the United States Government’s $450 million committed investment announced September 14, 2026 PORTLAND, Maine, Sept. 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-based provider of critical materials, precision-eng

Yahoo·21:18

Tungsten West signs supply deal with Elmet Technologies

The arrangement is estimated to have a nominal value of more than $1.87bn (£1.41bn) over the duration of the contract.

Yahoo·10:59ELMT▲+1.9%

The Elmet Group Secures Long-Term Tungsten Offtake Agreement with Tungsten West’s Hemerdon Mine

Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten deposits Further advances the objectives of the United States Department of War’s $450 million committed investment announced September 14, 2026 Represents more than $230 million annually in offtake at current APT tungsten prices PORTLAND, Maine, Sept. 22, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-b

Yahoo·16:05ELMT▲+1.9%

Elmet Group Expects To Take Over 1,000 Metric Tonnes Per Year Of Tungsten Concentrate; Agreement Represents Over $230M Annually In Offtake At Current Ammonium Paratungstate Tungsten Prices; Hemerdon Mine Targets Full-Scale Production By End Of Q1 2027

Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten depositsFurther advances the objectives of the United States Department

Benzinga·12:25

Elmet Group (ELMT) Stock Gets Fair Value Boost After Analyst Target Increases

Elmet Group’s updated fair value has shifted from US$20.50 to US$23.00, and published analyst price targets now cluster in a range of about US$21 to US$25. Analysts link this change to the US$450m Department of War commitment and to their views on demand from defense, industrial and medical customers, along with the risks around execution and tungsten pricing. As you read on, you will see how this evolving narrative around Elmet Group may shape investor thinking from here. Stay updated as the...

Yahoo·14:15ELMT▲+1.9%

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 […]

Yahoo·14:13

GoldHaven Highlights Landmark US$450 Million U.S. Government Investment to Secure Tungsten Supply Chain

VANCOUVER, British Columbia, Sept. 17, 2026 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (“GoldHaven” or the “Company”) highlights the recent announcement of a US$450 million U.S. government investment in The Elmet Group aimed at expanding domestic tungsten capacity and securing America’s tungsten supply chain. The landmark commitment provides another powerful indication of tungsten’s growing strategic importance to national security, defence, aerospace and advanced manufacturing. Highlights US

Yahoo·10:05ELMT▲+1.9%

Elmet: Government Deal Is A Big Positive, But There's Still Uncertainty

Elmet lands major U.S. government backing and up to a $2B supply deal—growth catalysts vs dilution risk. Click for more on ELMT stock.

SeekingAlpha·06:03ELMT▲+1.9%

Elmet Group: The Pentagon Deal Is Transformative, But The $2 Billion Headline Needs Context

Elmet Group stock surged on $450M DoD funding and a DLA contract up to $2B.

SeekingAlpha·03:31ELMT▲+1.9%

Roth Capital Reiterates Buy on The Elmet Group, Raises Price Target to $26

Roth Capital analyst Chip Moore reiterates The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $21 to $26.

Benzinga·08:54ELMT▲+1.9%

The Elmet Group nabs $2.5B in DOD agreements

The agency’s deals aims to safeguard the domestic supply of the metal supporting over 100 programs. The funds will also go toward upgrading the supplier’s manufacturing plants in Maine, Michigan and Ohio.

Yahoo·08:00ELMT▲+1.9%

Stock Market Today: S&P 500, Dow and Nasdaq Futures Fall as Brent Hovers Near $107 and FOMC Commences Two-Day Meeting— MSTR, CRWD, BMM in Focus (UPDATED)

U.S. stock futures declined on Tuesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Monday's lower close.

Benzinga·04:36

12 Industrials Stocks Moving In Friday's Intraday Session

Gainers AIAI Holdings (NASDAQ:AIAI) shares increased by 39.5% to $6.32 during Friday's regular session. The market value of their outstanding shares is at $320.1 million. Exyn Technologies (NASDAQ:EXYN) stock

Benzinga·09:06

Canaccord Genuity Maintains Buy on The Elmet Group, Raises Price Target to $21

Canaccord Genuity analyst Austin Moeller maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $20 to $21.

Benzinga·04:22ELMT▲+1.9%

The Elmet Group Co. (ELMT) Q2 2026 Earnings Call Transcript

SeekingAlpha·10:27ELMT▲+1.9%

The Elmet Group Reports Q2 2026 Results: Full Earnings Call Transcript

The Elmet Group (NASDAQ:ELMT) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. Benzinga APIs provide real-time access to

Benzinga·05:44ELMT▲+1.9%

The Elmet Group Q2 Adj. EPS $0.18 Beats $0.06 Estimate, Sales $66.401M Beat $58.123M Estimate

The Elmet Group (NASDAQ:ELMT) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.06 by 200 percent. This is a 28.57 percent increase over earnings of $0.14 per share from the

Benzinga·04:37ELMT▲+1.9%