Loading ...As part of its program to diversify sourcing of strategic and critical minerals, the Trump Administration plans to help a U.S. company develop one of the world’s largest untapped tungsten deposits in Kazakhstan, a country bordered by Russia to the north and China to the east. China currently controls more than 80% of global tungsten production and processing and has restricted exports, prompting the United States to seek other sources. Demand for tungsten is expected to rise over the next decade, due to applications in defense, aerospace, semiconductors, industrial carbide, and advanced chip manufacturing. A policy deadline and a federal procurement rule that take effect on January 1, 2027, will bar tungsten sourced from China, Russia, Iran, and North Korea from a range of U.S. defense applications, forcing contractors to secure alternative supply chains. Kazakhstan is the world’s top producer of uranium and also contains significant deposits of rare earth elements.
Not much tungsten to be found and mined. Any thoughts?
(Greatland in Australia has made a big discovery, a friendly area)