Elmet Group signs long-term tungsten supply deal with Tungsten West’s Hemerdon mine
Bitget2026/09/23 16:40- The Elmet Group signed a long-term tungsten concentrate purchase agreement with Tungsten West tied to the Hemerdon mine in England.
- Planned purchases exceed 1,000 metric tons per year of tungsten concentrate (WO3 equivalent), with both sides targeting higher volumes over time.
- At current tungsten APT prices, the buying program represents more than USD 230 million per year.
- Material will be converted into APT and downstream intermediates, then supplied to Elmet production sites in Maine, Michigan, Ohio.
- Hemerdon targets full production capacity by end of Q1 2027 following a GBP 71 million UK National Wealth Fund investment.
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