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13.09.26 - 22:21
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Resource Nationalism Hits Tungsten: US Locks Down Scrap, UK Funds Mine, Zimbabwe Bans Exports, Vietnam Weighs Curbs (ZeroHedge)
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Resource Nationalism Hits Tungsten: US Locks Down Scrap, UK Funds Mine, Zimbabwe Bans Exports, Vietnam Weighs Curbs
Governments are tightening control over tungsten supplies, creating an opening for Almonty Industries as Western buyers seek alternatives to China's quasi-monopolistic market position on not just tungsten but rare earths. Tungsten and other critical materials underpin defense production, semiconductor manufacturing, AI data center buildouts, power grid upgrades and industrial tooling, basically some of the building blocks of the modern economy.
First, US banning tungsten scraps export
Second,UK government investing in Tungsten West
Third, Zimbabwe banning Tungsten concentrates export
Forth, Vietnam does the same
Who's next?! https://t.co/zmPs1K5rJM
— Teo (@Teo_Sinamin) September 11, 2026
The latest developments point to growing competition for shrinking available supply. The US has restricted tungsten scrap exports, the UK has backed Tungsten West with up to £71 million, an...
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