Elmet Group signs long-term tungsten offtake deal with Tungsten West’s Hemerdon mine

Bitget2026/09/22 20:05

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The Elmet Group signed a long-term tungsten concentrate offtake agreement with Tungsten West for output from the Hemerdon mine in England.
Planned purchases exceed 1,000 metric tonnes per year of tungsten concentrate, with both parties targeting higher volumes over time.
Annual offtake value estimated above USD 230 million at current APT tungsten prices.
Supply slated for conversion to APT via an allied refining network, supporting Elmet manufacturing in the US and a Germany plant.
Hemerdon targets ramp-up to full-scale production by end of Q1 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Elmet Group Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609221605PRIMZONEFULLFEED9831844) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Elmet Group signs long-term tungsten offtake deal with Tungsten West’s Hemerdon mine

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