Form 8-K

8-K — Elmet Group Co.

Accession: 0001213900-26-102242

Filed: 2026-09-22

Period: 2026-09-22

CIK: 0002101698

SIC: 3490 (MISCELLANEOUS FABRICATED METAL PRODUCTS)

Item: Regulation FD Disclosure

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — ea0306073-8k_elmet.htm (Primary)

EX-99.1 — PRESS RELEASE, DATED SEPTEMBER 22, 2026 (ea030607301ex99-1.htm)

GRAPHIC (ea030607301_ex99-1img1.jpg)

GRAPHIC (ea030607301_ex99-1img2.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0306073-8k_elmet.htm · Sequence: 1

false

0002101698

2026-09-22

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

September 22, 2026

The Elmet Group Co.

(Exact name of registrant as specified in its charter)

Delaware

001-43245

33-1881598

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

280 Fore Street, Suite 301

Portland, Maine 04101

(Address of principal executive offices, including

zip code)

Registrant’s telephone number, including

area code: (207) 518-6791

Check the appropriate box

below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following

provisions:

☐ Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under

the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under

the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.001 per share

ELMT

The Nasdaq Stock Market LLC

Indicate by check mark whether

the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule

12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company,

indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial

accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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)

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

EX-99.1 — PRESS RELEASE, DATED SEPTEMBER 22, 2026

EX-99.1

Filename: ea030607301ex99-1.htm · Sequence: 2

Exhibit 99.1

The Elmet Group

Secures Long-Term Tungsten Offtake Agreement

with Tungsten West’s Hemerdon Mine

Agreement expected to expand and strengthen

tungsten supply chains across the U.S., UK,

and allied nations with one of the world’s largest tungsten deposits

Further advances the objectives of the United

States Department of War’s $450 million

committed investment announced September 14, 2026

Represents more than $230 million annually in

offtake at current APT tungsten prices

PORTLAND, Maine — September 22, 2026 — The Elmet

Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-based provider of critical materials, precision-engineered

components, and advanced high-energy systems, today announced that it has signed a long-term tungsten concentrate offtake agreement with

Tungsten West plc (AIM: TUN) (“Tungsten West”) covering production from the Hemerdon Mine in Devon, England (“Hemerdon”),

one of the largest tungsten deposits in the world.

Under the terms of the agreement, ELMT expects to take more than 1,000

metric tonnes per year of tungsten concentrate (WO₃ equivalent) from Hemerdon, with both parties aiming to increase production volumes

over time. Material will be converted into ammonium paratungstate (“APT”) and downstream tungsten intermediates through ELMT’s

allied refining network, followed by delivery into ELMT’s U.S. manufacturing operations in Maine, Michigan, Ohio, and ELMT’s

Schwabmünchen, Germany plant, pending the closing of the previously announced asset purchase agreement with OSRAM GmbH, if supplies

exist. Ultimately, this U.S.-UK partnership is expected to support customers across aerospace, defense, energy, medical, industrial, and

semiconductor markets.

The UK government’s strategic investment in Tungsten West, announced

on August 25, 2026, complements the U.S. Department of War’s (“DoW”) landmark investment in ELMT announced on September 14,

2026, underscoring the importance both governments place on building resilient, allied supply chains for critical materials. The offtake

will be managed through Elmet Refining & Trading (“ERT”), the Company’s new division established in connection with

the DoW investment to secure long-term access to critical materials and coordinate sourcing, conversion, and delivery across ELMT’s supply

relationships.

“Our agreement with Tungsten West further builds upon the landmark

investment we received from the Department of War and advances our strategy to build a resilient critical materials supply chain,”

said The Elmet Group CEO and Chairman Peter V. Anania. “The Elmet Group and Tungsten West are firmly aligned in our commitment to

securing domestic and allied production, supply, and consistency for customers across the full breadth of critical materials end markets.”

“This partnership arrives at a pivotal moment in Tungsten West’s

history, with processing operations underway and continuing to ramp at Hemerdon,” said Tungsten West CEO Jeffery Court. “In

addition to supporting the creation of hundreds of jobs in the UK, we believe our offtake agreement with ELMT solidifies our position

as a leading Western producer of tungsten and enables us to contribute to the creation of a resilient tungsten supply chain for the U.S.,

UK and our other allies.”

Following the £71 million strategic investment from the UK Government’s

National Wealth Fund, Tungsten West has initiated processing efforts at Hemerdon. The mine is targeting ramp-up to full-scale production

by the end of the first quarter of 2027.

ELMT and Tungsten West have been engaged in discussions for more than

a year to identify the best approach for combining production from Hemerdon with the conversion relationships, customer base, and North

American platform at ELMT. The two companies are closely aligned on the strategic objective of maximizing the volume of allied-sourced

tungsten available to U.S. and UK industries and are committed to maintaining a long-term collaborative effort as Hemerdon ramps up production

later this year. The partnership is designed to serve customers on both sides of the Atlantic, supporting a range of strategically important

U.S. and UK industries with a secure, allied source of tungsten.

This announcement follows the landmark investment ELMT received from

the DoW, announced on September 14, 2026, allowing the Company to further enhance its standing as a leading provider of strategically

important raw materials.

“This announcement builds on our partnership with the United

States, working together in areas like mining and processing, helping crucial sectors like defense and clean energy in both countries

get the minerals they need,” said UK Minister for Reindustrialization Blair McDougall. “This is our Critical Minerals Strategy

in action – forging ambitious international partnerships that strengthen our economic security and help build more resilient, sustainable

critical minerals supply chains.”

Investor Business Update

As a result of these recent developments, ELMT management will temporarily

postpone its standalone Investor Business Update, previously announced for September 24, 2026. The Company will continue to disclose additional

updates, as appropriate, and intends to provide further scheduling information in the near future.

About Tungsten West

Tungsten West plc is a UK mining company focused on restarting production

at the Hemerdon tungsten and tin mine in South Devon, England. Hemerdon is one of the largest tungsten resources in the world and benefits

from substantial existing infrastructure, including a partially developed open pit, processing plant, and integrated mine waste facility.

About The Elmet Group

The

Elmet Group is a U.S.-based provider of critical materials, precision-engineered components, and advanced high-energy systems for the

Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through

three divisions: Critical Materials Components (CMC), Engineered Microwave Products (EMP), and Elmet Refining & Trading (ERT), leveraging

materials science and precision engineering expertise to deliver high-performance solutions. The Elmet Group is dedicated to strengthening

domestic manufacturing capabilities to support the U.S. and its Allies’ needs in both critical materials and advanced high-power

microwave systems.

Media

Contact

media@theelmetgroup.com

Investor

Contact

Tom Colton and Greg Bradbury

Gateway Group, Inc.

ELMT@gateway-grp.com

949-574-3860

Forward-looking statements disclaimer

The information in this press release includes forward-looking statements

within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. These statements generally

relate to future events or our future financial or operating performance and include statements regarding (i) the number of metric tonnes

of tungsten concentrate ELMT expects to take from Hemerdon and Hemerdon’s ability to produce such amount; (ii) the conversion of

the tungsten concentrate; (iii) the ability of the partnership to support customers across aerospace, defense, energy, medical, industrial,

and semiconductor markets; (iv) the commitment and ability of ELMT and Tungsten West to secure domestic and allied production, supply,

and consistency for customers across the full breadth of critical end markets; (v) the expected timing of the ramp-up to production for

the Hemerdon mine; (vi) the creation of jobs in the United Kingdom; and (vii) ELMT’s future performance, expected outcomes and strategic

initiatives.

When used in this press release, words such as “expect,”

“project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,”

“seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,”

“could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking

statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s

current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult

to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering

these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Elmet’s Registration

Statement on Form S-1, as amended (File No. 333-294725) and subsequent filings Elmet makes with the Securities and Exchange Commission.

Elmet undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring

after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the

date of this press release.

GRAPHIC

Filename: ea030607301_ex99-1img1.jpg · Sequence: 3

Binary file (24251 bytes)

Download ea030607301_ex99-1img1.jpg

GRAPHIC

Filename: ea030607301_ex99-1img2.jpg · Sequence: 4

Binary file (15548 bytes)

Download ea030607301_ex99-1img2.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.3

Cover

Sep. 22, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Sep. 22, 2026

Entity File Number

001-43245

Entity Registrant Name

The Elmet Group Co.

Entity Central Index Key

0002101698

Entity Tax Identification Number

33-1881598

Entity Incorporation, State or Country Code

Entity Address, Address Line One

280 Fore Street

Entity Address, Address Line Two

Suite 301

Entity Address, City or Town

Portland

Entity Address, State or Province

Entity Address, Postal Zip Code

04101

City Area Code

207

Local Phone Number

518-6791

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, par value $0.001 per share

Trading Symbol

ELMT

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration