Current Report · Items 7.01, 8.01, 9.01 · 8-K
Elmet Group Co.
ELMTNASDAQEQUITYCurrent
Regulation FD Disclosure · Other Events
Item 7.01. Regulation FD Information. Press Release On September 22, 2026, The Elmet Group Co. (the “Company,” “we,” “us” or “our”) issued a press release announcing the Offtake Agreement (defined below). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.…
Filed Sep 22, 2026Accepted Sep 22, 2026, 5:00 PM EDTCIK 2101698Accession 0001213900-26-102242
Company context
We are the sole U.S.-owned vertically integrated producer of tungsten and molybdenum in many of the programs in the market segments we serve. In addition to the fundamental products we produce and processes we control, such as extrusion and rolling, we are one of a handful of companies in the United States capable of Critical Materials and RF engineering and manufacturing, with the capacity and range of capabilities required to support multiple demanding applications. Our inclusion in over 100 current defense programs including aircraft, missiles, electronics and extruded products for submarine components underscores our strategic importance. We believe the accelerating U.S. reshoring efforts and increasing defense spending by the DoW support our growth prospects.
Current securities
Registered securities in this filing
The Elmet Group Co. · 8-K · Filed 2026-09-22
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock, par value $0.001 per share
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Filing context
Context: AsOf2026-09-22
Dimensions: Not supplied
Accession 000121390026102242 · 1 registered-security cover member
Read the exact SEC filing ↗Disclosure sections
Items 7.01, 8.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Information.
Press Release
On September 22, 2026, The Elmet Group Co. (the
“Company,” “we,” “us” or “our”) issued a press release announcing the Offtake Agreement
(defined below). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
The information furnished in Item 7.01 of this
Current Report on Form 8-K under the heading “Press Release” as well as Exhibit 99.1, shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section, unless the Company specifically states that the information is to be considered “filed” under
the Exchange Act or specifically incorporates it by reference into a filing under the Securities Act or the Exchange Act.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
Tungsten West Offtake Agreement
On September 22, 2026, the Company and its wholly
owned subsidiary, Elmet Technologies LLC, entered into a Tungsten Concentrate Offtake Agreement (the “Offtake Agreement”)
with Drakelands Restoration Limited, a private limited company incorporated in England and Wales (“Drakelands”), and Tungsten
West PLC, a public limited company incorporated in England and Wales, relating to a strategic offtake arrangement of tungsten concentrate.
Under the Offtake Agreement, the Company will purchase an annual target quantity of tungsten concentrate from Drakelands, beginning in
the calendar year 2027. Until Drakelands has produced a minimum target of tungsten concentrate over a twelve-month period that meets certain
product specifications, the Company is entitled to receive not less than 50% of all tungsten concentrate produced by Drakelands that meets
the product specifications. Additionally, at Drakelands’ request, the Company shall process up to an additional amount of tungsten
concentrate per annum for the United Kingdom Government or its nominee, or for entities requiring tungsten for use in the United Kingdom.
As part of the Offtake Agreement, for a period
of sixty (60) days from the date of the Offtake Agreement, the Company shall have the exclusive rights to (i) supply tungsten concentrate
produced from Drakelands material to The United States Defense Logistics Agency (the “DLA”) pursuant to the exclusive offtake
agreement entered into by the Company with the DLA on September 11, 2026 (the “DLA Agreement”). Furthermore, Drakelands tungsten
concentrate product shall be given priority for supply by the Company to the DLA until the commissioning of the previously disclosed ammonium
paratungstate plant that the Company intends to restart, expand and operate along with Blue Moon Metals Inc (the “APT Plant”).
The Offtake Agreement shall remain in effect until
December 31, 2034, subject to extension by mutual agreement of the parties or unless otherwise terminated earlier by written notice in
accordance with its terms.
Filed exhibits (1)
EX-99.1 (by filename) ea030607301ex99-1.htmExhibit 99.1
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 - September 22, 2026 - The Elmet
Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-based provider of critical materials, precision-engineered
components, and advanced high-energy systems, today announced that it has signed a long-term tungsten concentrate offtake agreement with
Tungsten West plc (AIM: TUN) (“Tungsten West”) covering production from the Hemerdon Mine in Devon, England (“Hemerdon”),
one of the largest tungsten deposits in the world.
Under the terms of the agreement, ELMT expects to take more than 1,000
metric tonnes per year of tungsten concentrate (WO₃ equivalent) from Hemerdon, with both parties aiming to increase production volumes
over time. Material w…
Open exhibit ↗