5N+ Awarded US$18.1 Million by U.S. Government to Significantly Increase Germanium Production Capacity in St. George, Utah
The $18.1 million award will expand refining capacity to over 20 metric tons annually, strengthening supply chains for defense and reducing reliance on foreign sources, Pentagon said.
7 Articles
7 Articles
5N+ Awarded US$18.1 Million by U.S. Government to Significantly Increase Germanium Production Capacity in St. George, Utah
MONTREAL, Jan. 30, 2026 /CNW/ - 5N Plus Inc. (TSX:VNP) ("5N+" or "the Company"), a leading global producer of specialty semiconductors and performance materials, today announced that it has been awarded a US$18.1 million grant by the U.S. Government to…
5N Plus Inc. Receives U.S. $18.1M To Increase Germanium Production Capacity In St. George, Utah
MONTREAL — 5N Plus Inc., a producer of specialty semiconductors and performance materials, announced that it has been awarded a US$18.1 million grant by the U.S. Government to expand capabilities and increase capacity to recycle and refine germanium at its St. George, Utah facility, to feed optics and solar germanium crystal supply chains. In support of the U.S. government’s Immediate Measures to Increase American Mineral Production Executive Or…
Pentagon announces $18M critical mineral award to Utah semiconductor producer
The Defense Department today announced it made an $18.1 million award to a U.S. semiconductor and materials producer, which would allow the company to expand domestic capacity for germanium metal refining at its St. George, UT facility. The Pentagon issued the Defense Production Act Title III award -- which includes funding from the Additional Ukraine Supplemental Appropriations Act of 2022 -- in mid-December but had to delay announcing it thank…
The action of the Montreal producer of specialized semiconductors 5N Plus jumped by 19% at the end of the session Thursday in Toronto after the announcement of an investment of US$18 million from the US Department of Defense, also known as the Pentagon, or the War Department by the Trump administration.
US Government bankrolls 5N Plus germanium production
5N Plus (TSX:VNP) will receive an US$18.1 million grant from the US Government to expand its germanium recycling and refining operations in St. George, Utah Montreal-based 5N Plus is a top producer of semiconductors and performance materials for the security, space, pharmaceutical, medical imaging, industrial and renewable energy sectors 5N Plus stock has added 195.66 per cent year-over-year and 536.81 per cent since 2021 5N Plus (TSX:VNP), a di…
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
