RFR 0.00% 3.7¢ rafaella resources ltd.

Ann: Santa Comba Tungsten Project Resource Expansion Plans, page-3

  1. 692 Posts.
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    i doubt that’s the case. IMO management are seeing an opportunity to be a major supplier of tungsten to Western Europe of tungsten/tin and they are looking to step up and fill that void. Tungsten and Tin prices have only been going one way over the last 2 years and it will be much more profitable to expand the resource and become a bigger supplier. China controls 85% of the worlds tungsten supply currently so IMO western nations need to start securing their own supplies or they may be left with nothing.
 
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