Wire · operational-macro
Department of War Announces a $450 Million Investment in The Elmet Group to Secure America
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Fusion42 · 14 September 2026 · Fusion42 review
The U.S. Department of War is investing $450 million in The Elmet Group to strengthen domestic tungsten production, enhance industrial resilience, and secure a critical material essential for over 100 defense programs. This investment also aims to reduce dependence on adversary-dominated supply chains, particularly China, while creating high-tech jobs across several U.S. states.
This Wire brief sits within Fusion42's coverage of Industrial, and 5 sources have reported it.
◆ ◆ The Wire takeaway
The U.S. government is shifting from dependence on foreign tungsten to domestic production, opening immediate opportunities to supply defense programs and mining operations. You should engage manufacturing and supply partners now to align with this strategic push and access new government-driven demand.
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5 sources · 14 Sep 2026
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