Sangdong mine
The Tungsten Supply War: Why One Stock Rose 2,400% and Others May Follow
China controls more than 80% of the world’s tungsten supply. The United States has given defense contractors until January 2027 to stop sourcing tungsten from China. Tungsten prices have surged. One company, Almonty Industries, has risen more than 2,400% in roughly sixteen months. Several smaller companies are now positioning themselves to benefit from the same…
