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Tungsten

I'm not sure about the bottom, but I cannot see tungsten rising above the price of gold any time soon.
I think the price of gold production minus fake bullion manufacturing costs may prove to be a price ceiling.
 
Another use for Tungsten?



Major breakthrough on nuclear fusion energy​

 
Tungsten prices on the European spot market hit the highest level in 12 years this month, driven by China tightening its grip on critical mineral exports.


Tungsten is a smaller market, with an estimated value of around $5 billion in 2023. But the industries that depend on it are getting exponentially bigger, and it is the material of choice for a key defense application – what the military calls penetrators – high-density, armour-piercing projectiles. Its also required in US Department of Defence (DoD) contracts

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Almonty Industries, (TSX: AII) (ASX: AII) (FSE: ALI) the largest tungsten mining company in the world outside of China, is nearing first production at its Sangdong mine in South Korea, with material bound for US markets.
 
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