In an initial retaliation to US tarrifs of 10% on China imports, China has placed restrictions on tungsten exports. This can only help IVRs Molyhill Tungsten JV.
a few facts.
China mines over 50% of the world's Tungsten supply, and between China, Russia and Vietnam, they supply 90%.
Australia provides most of the rest from EQ Minerals in North QLD and some from Tasmania.
Tungsten ihas been placed on the critical minerals list by the USA and Australia.
The Molyhill resource is JORCed @ over 4 mm tonnes x .27%
In an initial retaliation to US tarrifs of 10% on China imports,...
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