UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 7.01. Regulation FD Information.
Press Release
On September 22, 2026, The Elmet Group Co. (the “Company,” “we,” “us” or “our”) issued a press release announcing the Offtake Agreement (defined below). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
The information furnished in Item 7.01 of this Current Report on Form 8-K under the heading “Press Release” as well as Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Company specifically states that the information is to be considered “filed” under the Exchange Act or specifically incorporates it by reference into a filing under the Securities Act or the Exchange Act.
Item 8.01. Other Events.
Tungsten West Offtake Agreement
On September 22, 2026, the Company and its wholly owned subsidiary, Elmet Technologies LLC, entered into a Tungsten Concentrate Offtake Agreement (the “Offtake Agreement”) with Drakelands Restoration Limited, a private limited company incorporated in England and Wales (“Drakelands”), and Tungsten West PLC, a public limited company incorporated in England and Wales, relating to a strategic offtake arrangement of tungsten concentrate. Under the Offtake Agreement, the Company will purchase an annual target quantity of tungsten concentrate from Drakelands, beginning in the calendar year 2027. Until Drakelands has produced a minimum target of tungsten concentrate over a twelve-month period that meets certain product specifications, the Company is entitled to receive not less than 50% of all tungsten concentrate produced by Drakelands that meets the product specifications. Additionally, at Drakelands’ request, the Company shall process up to an additional amount of tungsten concentrate per annum for the United Kingdom Government or its nominee, or for entities requiring tungsten for use in the United Kingdom.
As part of the Offtake Agreement, for a period of sixty (60) days from the date of the Offtake Agreement, the Company shall have the exclusive rights to (i) supply tungsten concentrate produced from Drakelands material to The United States Defense Logistics Agency (the “DLA”) pursuant to the exclusive offtake agreement entered into by the Company with the DLA on September 11, 2026 (the “DLA Agreement”). Furthermore, Drakelands tungsten concentrate product shall be given priority for supply by the Company to the DLA until the commissioning of the previously disclosed ammonium paratungstate plant that the Company intends to restart, expand and operate along with Blue Moon Metals Inc (the “APT Plant”).
The Offtake Agreement shall remain in effect until December 31, 2034, subject to extension by mutual agreement of the parties or unless otherwise terminated earlier by written notice in accordance with its terms.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being furnished or filed, as applicable, herewith:
| Exhibit No. | Description | |
| 99.1 | Press Release, dated September 22, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: September 22, 2026 | The Elmet Group Co. | |
| By: | /s/ Peter V. Anania | |
| Name: | Peter V. Anania | |
| Title: | Chief Executive Officer and Chairman | |
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