# DoD Invests in Elmet Tungsten Supply Chain

The U.S. Department of Defense (DoD) has made a significant $450 million investment in The Elmet Group to expand domestic tungsten mining, processing, and manufacturing capabilities. This investment includes over $165 million dedicated to U.S. facilities and $150 million for a joint venture in Nevada, aiming to strengthen the critical materials supply chain and reduce reliance on foreign sources. Concurrently, Elmet secured an indefinite delivery/indefinite quantity (IDIQ) contract with the Defense Logistics Agency (DLA) valued up to $2 billion to supply tungsten ores, concentrates, and sodium tungstate to the National Defense Stockpile through 2031, with a guaranteed minimum of $150 million. These actions underscore a strategic effort to secure tungsten supply for defense and industrial applications.

- **Why this matters:** Procurement professionals should note the scale and duration of the IDIQ contract, which offers substantial opportunities for tungsten suppliers and related contractors through 2031.
- The investment signals increased federal prioritization of critical mineral supply chain resilience, encouraging contractors to align capabilities with domestic manufacturing and processing requirements.
- Companies involved in mining, processing, and materials manufacturing should evaluate partnership or subcontracting opportunities with The Elmet Group and its joint venture partners.
- This initiative may influence future procurement strategies focused on reducing foreign dependencies for critical defense materials, impacting sourcing and contract planning.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Topics:** Grants & Funding, Contracting Vehicles
**Published:** September 15, 2026

### Government Entities
- U.S. Department of Defense (DoD)
- United States Department of War (DoW)
- Defense Logistics Agency (DLA)
- Economic Defense Unit (EDU)

### Vendors
- The Elmet Group Co (awardee)
- Blue Moon Metals (joint venture partner)
- EQ Resources (joint venture partner)

### Sources
- [$ELMT  
Department of War Makes Landmark $450 Million Committed Investment in The Elmet Group to Secure America’s Tungsten Supply Chain

- A $450 million DoW investment and an IDIQ contract up to $2 billion position ELMT as a key Western tungsten supplier
https://t.co/OMOlFAD8Y9](https://x.com/MarcJacksonLA/status/2099500005992366487) - twitter-contract-vehicles
- [Elmet Jumps; Baldwin Goes Private; Cybersecurity Rallies](https://hdfcsky.com/news/elmet-surges-36percent-on-450m-defence-backing-rum-jumps-15percent-on-anthropic-hain-celestial-reports-fiscal-2026-results) - hdfcsky.com