http://tungsteninvestingnews.com/2061-bgs-risk-list-why-tungsten-is-on-it.html
Based on this list, tungsten is a metal facing high supply risks. Not only does Britain realize the economic importance of tungsten, but also, in the EU, it is one of 14 minerals and metals classified as critical, meaning it has significant economic importance to the member nations.
The BGS describes tungsten as a key hard metal used in almost all cutting tools. It is an important metal with no substitutes, and a key component in steel manufacturing, construction, oil drilling, and mining industries. Tungsten is also used in the fabrication of wires and filaments used in electrical, heating, and lighting applications
Given concerns about the limited supply outside of China and the economic consequences of this situation, there is a real need for a diversity of sources for this metal. Opportunities are rife for those who are willing to venture into this space; developing projects in other nations, especially those with stable governments and mining-friendly atmospheres, would provide an immediate marketing point.
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Mkt cap ! $5.686M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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13 | 1405230 | 0.8¢ |
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Price($) | Vol. | No. |
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0.9¢ | 1250000 | 2 |
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No. | Vol. | Price($) |
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13 | 1405230 | 0.008 |
5 | 630645 | 0.007 |
8 | 1344171 | 0.006 |
5 | 1217926 | 0.005 |
2 | 726263 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 1250000 | 2 |
0.010 | 640913 | 4 |
0.011 | 213872 | 2 |
0.012 | 807408 | 3 |
0.014 | 355000 | 3 |
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