U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up
ty claims the mine could potentially produce 50% of the rest of the world’s tungsten supply. The U.S. has not commerciallyU.S. government researchers recently visited a South Korean mine to assess progress towards boosting supply of a critical metal called tungsten from areas outside China, the mine operator said Wednesday. The Sangdong Mine, owned by a subsidiary of Canada-based Almonty Industries , is set to resume operations this year. Tungsten is an extremely hard metal used for making weapons, semiconductors and industrial cutting machines. With China dominating over 80% of the metal’s supply chain, Almonty claims the mine could potentially produce 50% of the rest of the world’s tungsten supply. The U.S. has not commercially
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Open | High | Low | Value | Volume |
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3.8¢ | 1622995 | 3 |
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2 | 1379761 | 0.036 |
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6 | 507635 | 0.034 |
3 | 531515 | 0.033 |
Price($) | Vol. | No. |
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0.038 | 1522995 | 2 |
0.039 | 1326001 | 3 |
0.040 | 339215 | 2 |
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