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Blue Moon, The Elmet Group, and EQ Resources Announce a US$150-$175 Million ...
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Fusion42 · 14 September 2026 · Fusion42 review
Blue Moon Metals, The Elmet Group, and EQ Resources are investing US$150-$175 million into the Springer Tungsten Complex in Nevada to restart mining and processing, aiming to solidify a domestic tungsten supply chain for US aerospace, defense, semiconductor, energy, medical, and industrial sectors.
This Wire brief sits within Fusion42's coverage of Industrial.
◆ ◆ The Wire takeaway
US industrial and mining founders face a rare funding and partnership boost that accelerates domestic tungsten production, opening doors in aerospace and defense supply chains this year. You need to reassess your supply dependencies and customer targeting in light of a growing local source challenging imports.
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1 source · 14 Sep 2026
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