Blue Moon Metals secures a strong strategic package for the historic Springer tungsten complex in Nevada with The Elmet Group and EQ Resources. The package includes a joint venture for the APT plant, an equity investment, an upfront payment, and an off-take agreement—totaling approximately $150 million in investment. Production of tungsten concentrate is scheduled to resume in Q4 2027, with the APT plant set to begin operations in 2028. Supported by the U.S. Department of Defense as part of the “Elmet Landmark Initiative” to secure the American tungsten supply chain.
Blue Moon is thus positioning itself as a key player in critical U.S. industrial metals.
Note: This program is produced and published on behalf of Blue Moon Metals and funded by the company.