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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Open | High | Low | Value | Volume |
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3 | 43028 | 0.635 |
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5 | 71875 | 0.620 |
Price($) | Vol. | No. |
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0.650 | 50082 | 3 |
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