EQR eq resources limited

DoD securing tungsten supply chain

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    Time for a new thread - got sick of all that micro waffle - time now to revisit some of the bigger picture side of things

    https://www.miragenews.com/pentagon-boosts-tungsten-supply-chain-investment-1378459/

    For those not familiar with Mactung, it is still probably at least 5 years away from production and yet the DoD are investing $USD 16 million into it to advance the production timeline.
    As we already know, we are a USA domestic supplier via Elmet and have submissions lodged to participate in, and be able to qualify for, some of the USA' grant funding.
    With us rightly claiming to be the western worlds largest tungsten producer, it will be just a matter of time before we are also at the receiving end of some of these funds

    https://hotcopper.com.au/data/attachments/6676/6676037-17529c0106f662912b840a3df6c5057e.jpg
    Last edited by gopherbroke: 14/12/24
 
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