Elmet Group won a Defense Logistics Agency↗ contract aimed at rebuilding a strategic-material stockpile.
Tungsten’s hardness and heat resistance make it important in defense, aerospace, machining and electronics. The contract shows that stockpiling and domestic processing are moving from policy discussion into large-scale procurement.
Elmet Group says a subsidiary won a roughly $2 billion contract tied to rebuilding the National Defense Stockpile and strengthening domestic tungsten supply.