KIS re-born, page-10

I agree with you about this being a possible hedge stock :

"8. this is going out on a limb but maybe it may be a bit of a hedge stock too if things go wrong in the s china Sea given it's defence uses and the concentration in China"

Note too the following facts in the KIS investor presentation of 12 Oct 21 (slide 12) :

Tungsten is ranked by the British Geological Surveys, US Department of Defence, the European Commission, Japan, Russia and
Australia as a 'critical' mineral:
– Due to its economic importance
– Supply risk – dominance of China in the market
– Inability to be substituted
• Diverse commercial, industrial and military applications:
– Steel hardening, aeronautical and automobile manufacturing, armaments, semiconductors, electronics, lighting, rail, chemicals and high technology

In the figure on page 12 Tungsten is shown as having the highest economic importance (even higher than copper, nickel, tin, silver cobhalt, PGMs, graphite, etc). I don't know how they gauge this, but that must make Tungsten fairly sexy ?

All IMHO, DYOR