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Blue Moon Metals shares are trading higher after the company along with Elmet, and EQ Resources announced a binding letter agreement to invest $150 million - $175 million in Springer Tungsten Complex in Imlay, Nevada.

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  1. Globe Newswire

    Le Département de la Guerre des États-Unis réalise un investissement historique de 450 millions de dollars dans The Elmet Group afin de sécuriser la chaîne d’approvisionnement américaine en tungstène

    The U.S. Department of War announced a $450 million investment in The Elmet Group to strengthen domestic tungsten production and reduce dependence on foreign critical minerals. The investment includes over $165 million for U.S. facilities in Maine, Michigan, and Ohio, plus support for mining operations in Nevada, Australia, and Spain. Additionally, Elmet Technologies secured a $2 billion contract with the Defense Logistics Agency to support strategic defense stockpiles.

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