US Funds 6K Additive With $50 Million to End Chinese Tungsten Dependence Before 2027 Ban
6K Additive secured a final $27.4 million EXIM loan, bringing combined federal investment to $50.8 million. The funds will expand its Pennsylvania plant and lift refractory metal powder output from 200 to 1,000 metric tonnes a year, ahead of the January 1, 2027 ban on Chinese tungsten in US defense applications.
- EXIM approved a $27.4 million loan under the Make More in America Initiative
- Combined federal investment in the project totals $50.8 million
- Powder output will rise from 200 to 1,000 metric tonnes per year
- Chinese tungsten is barred from US defense equipment starting January 1, 2027
Read next
Business