A bit.To determine the value of 678 koz (thousand ounces) of tungsten as of May 2025:
1 koz = 1,000 ounces, so 678 koz = 678,000 ounces.
1 troy ounce = 31.1035 grams, so 678,000 ounces = 21,092,973 grams = 21,092.97 kg.
The current average price for tungsten bar FOB is approximately $50 per kilogram1.
Multiplying the total kilograms by the price per kilogram:
21,092.97 kg×$50/kg=$1,054,648.5021,092.97 kg×$50/kg=$1,054,648.50The calculated result is approximately $1,054,409 (rounded to the nearest dollar)
This is $USD and not including cost of extraction or other costs. Given its a freebie from the gold and antimony $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ its some very nice icing on our very big CAKE.
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Ann: Initial Tungsten Resource at the Hillgrove Project, page-54
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64.0¢ |
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Open | High | Low | Value | Volume |
64.0¢ | 65.0¢ | 63.5¢ | $663.0K | 1.033M |
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64.0¢ | 18009 | 5 |
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8 | 96707 | 0.630 |
5 | 121050 | 0.625 |
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6 | 509985 | 0.615 |
Price($) | Vol. | No. |
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0.640 | 16371 | 4 |
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