17 October 2025 Experiencia y Trayectoria

Molymet announces the creation of Molymet Alloys in the United States, marking a key step in its global expansion

With an investment of approximately US$ 40 million, the company establishes its first industrial facility in the United States, expanding its presence in the advanced and high-performance materials market.

Molymet continues to strengthen its position as a global leader in the strategic metals industry with the creation of Molymet Alloys, its new subsidiary in the United States. This initiative — involving an investment of approximately US$ 40 million — marks a milestone in the company’s international expansion strategy and its entry into the advanced alloys market for high-impact industries such as aerospace, energy, defense, and semiconductors.

The first step in this new stage is materialized through the acquisition of Rhenium Alloys, LLC, a company with over 50 years of experience in the manufacturing of finished and semi-finished products made from molybdenum, tungsten, and rhenium — materials essential for semiconductor production.

This transaction, subject to approval by U.S. regulatory authorities, will enable Molymet to expand its production capacity and develop higher value-added solutions, complementing its existing industrial and commercial network in Chile, Mexico, Germany, and Belgium.

“The creation of Molymet Alloys reflects our determination to move further along the value chain by integrating new capabilities and opening opportunities in key industries for the future. This operation strengthens our global presence and allows us to generate greater value for our clients and shareholders, in line with our long-term vision,” said Edgar Pape, Chief Executive Officer of Molymet.

With this acquisition, Molymet reinforces its commitment to being a reliable global partner in the supply of critical materials for energy transition and sustainability. The incorporation of Molymet Alloys represents a decisive step in its growth and innovation plan, focused on transforming knowledge and technology into value for the development of a more sustainable world.