It will happen....just a little bit longerIf we all just sat...

It will happen....just a little bit longer
If we all just sat down for a while and looked at all the cogs in the wheel of the "supply/demand" mechanics of the tungsten market, I'm certain we would all come up with the same conclusion

USA stockpiles are now depleted - thanks heaps to the Ukraine war
Consumption increasing - recycling is only so effective and reliable
China export restrictions
There are very few tungsten mines around the world
There are even fewer producing tungsten mines
G6M - failed: Tungsten West - failed: Mactung - 5 years away: Golden Metal Res (pilot Mt, USA - 5 years away
Forget Lewis Black - currently producing bugger all out of Portugal - could be 2 years away with Sandong
Forget Rob1000 - Bakuta is a China/Kazakh JV - maybe 12 - 18 mths from production
Almonty and Bakuta are NOT producing NOW so its complete bullshit that their phones are ringing off the hook
Saloro - largest producing mine in Europe west of Caucus - about to increase capacity 50%
Mt Carbine on the cusp of hitting the high grade Iolanthe stuff
And, FACT, FACT, FACT - the phones at EQR ARE ARE ARE ringing off the hook
Why ? Because they have 2 currently producing tungsten mines


I could go on and on with adding to this list but you get the message

With Western suppliers both failing and failed, USA stockpiles gone, China restrictions in place and demand going up, there is only one way this tungsten price can go and we are without doubt in the "producers box seat" and well placed to benefit