Defence Finance Monitor

Defence Finance Monitor

Höganäs AB: Advanced Metal Powders and European Defence-Industrial Resilience

EU-Domiciled Upstream Materials Capacity, Global Footprint Exposure, and De-Risking Constraints under SAFE and EDIP

Feb 23, 2026
∙ Paid

Höganäs AB is a Sweden-registered, privately controlled industrial producer of metal and ceramic powders whose strategic relevance to European defence autonomy lies in its upstream materials capacity rather than in platform integration. Its disclosed scale, diversified production plants, and broad technology coverage across powder metallurgy, additive manufacturing, surface engineering and brazing position it as a potential enabler of resilient European manufacturing for spares, turbine-adjacent components and high-wear systems. In the current EU policy environment shaped by Readiness 2030, SAFE and EDIP, strategic value depends not only on industrial volume but on the ability to operate within origin ceilings, trusted supply-chain governance and restriction-management rules. While the company’s European domicile and EU R&I participation support a sovereignty narrative, its documented global footprint, including China-linked operations, introduces de-risking sensitivities that require procurement-level management rather than assumption.


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