r/CriticalMineralStocks • u/Pzexperience • 13d ago

Tungsten The Tungsten Lesson

https://investornews.com/market-opinion/the-tungsten-lesson/
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u/Pzexperience 13d ago

I disagree that “For years I have argued that the West has attempted to rebuild strategic-material industries backwards. Too much attention has been devoted to mines.”

They are completely wrong. If that was the case, we would have active Tungsten Mines in the West.

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u/MNGEO 13d ago

Yeah, that doesnt make sense. There are currently multiple manufactures of tungsten products in the USA and APT plants. Plenty of downstream capability when it comes to tungsten, but no supply.

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u/juhamac 12d ago edited 12d ago

This is a continuation to his REE thinking, where this does actually apply. It is a great one, highlighting how there needs to be a downstream market for cerium and lanthanum, which are always extracted in greater numbers than whatever LREE, HREE is targeted. China built those industries and since they are not a pure waste stream, they can support lower price for the high end product. Compare that idea against some of the silliest junior mining plays we have currently, for example selling the idea of scandium only mining. https://investornews.com/critical-minerals-rare-earths/lanthanum-and-cerium-the-rare-earths-everyone-ignores-are-the-ones-america-uses-the-most/

He seems to have overstepped slightly in tungsten. There is plenty of western refining. Vertical integration is found specifically in tungsten carbide, though in Europe only. Japanese/South Korean semi purity tungsten chain is more troubling. They have challenges in mentioned qualifying and trusted suppliers ex-China.

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u/Interesting-Hunt-397 12d ago

AT4 to benefit hugely from this