https://www.nasdaq.com/articles/top-10-tungsten-p-roducing-countries
7.Australia
Tungsten production: 1,000 metric tons
Tungsten reserves: 570,000 metric tons*
In 2024, Australia produced 1,000 metric tons of tungsten. This represents a more than 130 percent jump in output from 2023 levels, taking it from the ninth spot on the previous year's list to rank seventh in global tungsten production for 2024.There are several operating tungsten mines in Australia. EQ Resources (ASX:EQR) is an Australian tungsten miner producing the metal at its Mount Carbine asset in North Queensland. On the island state of Tasmania, Group 6 Metals (ASX:G6M) brought the historic Dolphin tungsten mine back into production in 2023. The island also contains private firm Tasmania Mines' Kara tungsten mineTungsten projects under development in Australia include the Molyhil tungsten-molybdenum-copper project located in the Northern Territory. Molyhil is a 75/25 joint venture between Thor Energy (LSE:THR,OTC Pink:THORF) and Investigator Resources (ASX:IVR). According to Mining Database Online (MDO), Investigator is working toward completing a scoping study on Molyhil, based on an updated May 2024 mineral resource estimate, in the first half of 2025.Another company with Australia-based tungsten projects is Tungsten Mining (ASX:TGN), whose properties include Mount Mulgine, Big Hill and Kilba in Western Australia, as well as Watershed in Northeast Queensland and Hatches Creek in the Northern Territory.* Joint Ore Reserves Committee-compliant or equivalent reserves were 220,000 metric tons.
9. Spain
Tungsten production: 700 metric tons
Tungsten reserves: 66,000 metric tons
Spain produced 700 metric tons of tungsten in 2024, up 50 MT over the previous year.There are a number of companies engaged in the exploration, development and mining of tungsten assets in Spain. Australia's EQ Resources, which acquired tungsten producer Saloro in 2023, now controls the Barruecopardo Mining and Processing operation. MDO reports that a program is underway to upgrade the plant and improve recoveries with completion expected by the end of 2025.
10. Portugal
Tungsten production: 500 metric tons
Tungsten reserves: 3,400 metric tons
In 2024, Portugal produced 500 metric tons in 2024, up by 50 MT from that produced in the previous year.The European country has the lowest-known tungsten reserves figure out of all the nations on this list, totaling just 3,400 MT. Almonty Industries' Panasqueira mine is Portugal’s largest tungsten-producing operation. "The Panasqueira Mine has some of the highest tungsten recovery rates in the industry, consistently averaging 80 (percent)," MDO states.
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