Blue Moon Metals has contracted RAM Enterprise and Nordmin Engineering to refurbish the Springer tungsten processing plant in Nevada, aiming to complete by Q4 2027. Wood Group USA will oversee the project as Owner's Engineer. The company also acquired nearby accommodations for workers during construction. This project aims to restart domestic tungsten mining in the U.S., supporting national defense and local economic growth in Nevada.
Blue Moon Metals' refurbishment contract for the Springer tungsten plant is noted here alongside Pluang's Basic Materials sector market snapshot as of Oct 27, 2026 03:11 WIB: Out of 83 priced US stocks, 39 rose and 43 fell. Key movers include USA Rare Earth Inc. (USAR) at USD 8.95 with Pluang order activity showing 4% Sell / 96% Buy and a typical hold time of 5 days, Vale SA (VALE) at USD 11.93 with 6% Sell / 94% Buy and a 111-day hold time, and Ternium S.A. (TX) at USD 53.93 with a 12-day hold time. This snapshot provides a view of market activity in the sector during this period.
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