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Elmet Group Records $79.6 Million in Q3 Revenue · Pursuing Tungsten Supply Chain Expansion

The Motley Fool +1 · ·by G4L

ELMT
ELMT Elmet Group Co
$19.38 -11.87%
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  1. 1Elmet Group Co. recorded a 55.6% revenue increase in Q3 2026 compared to Q3 2025.
  2. 2Elmet Group Co. achieved an adjusted EBITDA of $17 million in Q3 2026.
  3. 3The US Department of Defense has committed $450 million to expand tungsten processing and manufacturing capabilities.

So what's the key point?

Elmet Group's revenue grew by 55.6% compared to last year. The company has an opportunity as the US Department of Defense decided to invest a large amount of money into tungsten manufacturing.

Source The Motley Fool +1 · View original ↗

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