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Big news for tungsten, page-8

  1. scottm
    2,456 Posts.
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    19/07/22
    17:33
    Post #: 62613456
    G6M had their webinar today. I hope they don't mind, I've borrowed a couple of slides.

    The first shows the current and future uses of tungsten. IMPORTANT TO NOTE - THEY HAVE PICKED UP THE USE OF TUNGSTEN IN LITHIUM-ION BATTERIES AS WELL. This could be very large if tungsten and EV batteries are joined.


    https://hotcopper.com.au/data/attachments/4517/4517360-2dba15dbc1873708b534c856fd2d28ad.jpg

    Slide 2- According to ITIA - end use demand for tungsten to grow 10%. Biggest gain coming from defence.


    https://hotcopper.com.au/data/attachments/4517/4517366-0e1172d59a8f5ac243da67d20e01ccff.jpg

    EQR Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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