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Tungsten

Tungsten is a hard, dense metallic element with the highest melting point of all metals, widely used in industrial and military applications. The metal is primarily extracted from wolframite and scheelite ores and is valued for its exceptional strength, heat resistance and density. Tungsten's main industrial use is in the production of tungsten carbide, a compound used to manufacture cutting tools, drill bits, mining equipment and wear-resistant parts. The metal is also essential in the production of high-speed steel alloys, which retain hardness at elevated temperatures. Other significant applications include filaments for lighting, electrodes for welding, radiation shielding and components in aerospace and defence systems. China dominates global tungsten production, accounting for the majority of mine output and processing capacity, while other producers include Vietnam, Russia and Rwanda. Tungsten is classified as a critical mineral by many governments, including the United States and members of the Organisation for Economic Cooperation and Development, owing to its strategic importance and supply concentration risks. Demand for tungsten is driven by manufacturing, construction, mining and defence sectors, with prices sensitive to industrial activity and geopolitical factors. The metal's scarcity outside China and its role in advanced manufacturing have prompted efforts to diversify supply chains and develop new deposits in North America, Europe and Australia. Tungsten is traded primarily as concentrates, ferrotungsten and ammonium paratungstate, with pricing typically benchmarked in metric tonne units.

Tungsten News


Tungsten ore
Automated hedger, financial exchange, market maker create landmark tungsten price hedge
23rd October 2026 By: Marleny Arnoldi

An AI-powered risk management platform, a derivates exchange and a market maker and liquidity provider are partnering to create a landmark tungsten price hedge using event contracts on Kalshi. With... 


Luda Technology chairperson and CEO Ma Biu_202610
Steel trader Luda Technology Group branches out to coal as first point of diversification
22nd October 2026 By: Marleny Arnoldi

NYSE-listed industrial steel components trader Luda Technology Group has announced its entry into the Mongolia-China coal trading business. Starting with thermal coal, Luda is expanding its... 


Uis tin mine
Namibia tin producer’s gross profit up fourfold on 80% revenue surge
21st October 2026 By: Martin Creamer

Namibia tin producer Andrada Mining on Wednesday, October 21, reported a quadrupled-plus gross profit and an 80% revenue surge. Supporting this high performance in the six months ended August 31... 


Hillgrove plant
Larvotto ships first antimony concentrate from Hillgrove mine
14th October 2026 By: Marleny Arnoldi

ASX-listed Larvotto Resources has shipped its first antimony concentrate from the Hillgrove mine in New South Wales. The 68 t shipment is due for delivery to the company's antimony offtake partner... 


Nevada Scheelite mine site
Nevada-focused tungsten developer Perpetual progresses US financing strategy
13th October 2026 By: Marleny Arnoldi

ASX-listed emerging tungsten miner Perpetual Resources says it has made progress with US government engagement as part of the funding strategy for the Nevada Scheelite tungsten project, in Nevada.... 


Image of Pilot Mountain tungsten ore
Pilot Mountain tungsten project, US
9th October 2026 By: Sheila Barradas

The Pilot Mountain tungsten project proposes the construction of a 4 000 t/d processing plant using flotation recovery methods to produce a tungsten concentrate. 


Traxys Europe, Abenójar Tungsten sign offtake agreement
Traxys Europe, Abenójar Tungsten sign offtake agreement
8th October 2026 By: Sabrina Jardim

Traxys Europe, a member of the Traxys Group –  a physical commodity trader and merchant in the metals and natural resources sectors – and Abenójar Tungsten (ABT) have signed a definitive, long-term... 


Mt Carbine tungsten mine
Australia's EQ Resources delivers meaningful Q1 tungsten output, revenue increase
6th October 2026 By: Marleny Arnoldi

ASX-listed tungsten producer EQ Resources has posted meaningful quarterly production increases at both its Barruecopardo and Mt Carbine operations, in Spain and Australia, respectively. In the... 


Andrada CEO Anthony Viljoe.
Latest Lithium Ridge drilling highlights upside potential
6th October 2026 By: Martin Creamer

London-listed and Namibia-focused Andrada Mining, a tin producer with a portfolio of critical minerals mining and exploration assets in Namibia, has announced more assay results from its Lithium... 


Tungsten
Australia's Gold Mountain secures exclusive right to acquire historic tungsten mine in Brazil
5th October 2026 By: Marleny Arnoldi

ASX-listed Gold Mountain has secured an exclusive right to acquire a mine right covering 857 ha over the Malhada do Angico tungsten mine, in Brazil, which operated during World War II. The mine is... 


Tungsten ore
Vietnam's Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion
5th October 2026 By: Reuters

Vietnamese tungsten producer Masan High-Tech Materials is seeking shareholder approval for a private placement of up to 5% of its shares to long-term investors to fund mine expansion and downstream... 


Tungsten ore
Tungsten market value estimates vary, but the upward trajectory is clear
30th September 2026 By: Marleny Arnoldi

Research firm Market Data Forecast estimates the value of the global tungsten market to have been $5.14-billion in 2025, which will likely widen to $5.56-billion in 2026 and further to... 


Mt Lindsay twin decline development concept rendering
Australian explorer Critica confirms tungsten project potential in Tasmania
29th September 2026 By: Marleny Arnoldi

A newly published scoping study on ASX-listed Critica's Mt Lindsay tin/tungsten project in Tasmania finds the proposed one-million-tonne-a-year underground mining and processing development has an... 


Molybdenum ore
US-based M2i partners with Polish companies to explore tungsten, molybdenum potential
29th September 2026 By: Marleny Arnoldi

Polish mineral resource companies Permia 1, Permia 2 and Permia 3 have signed a strategic collaboration and technical cooperation agreement valid for two years with US-based critical minerals... 


Redmoor mine
US supports UK tungsten project Redmoor with $9.25m funding
28th September 2026 By: Marleny Arnoldi

Aim-listed Strategic Minerals has secured a $9.25-million investment in its wholly-owned subsidiary Cornwall Resources from the US Department of War. The funding will support the acceleration of... 


tungsten
Tungsten West inks eight-year offtake agreement with US manufacturer Elmet
23rd September 2026 By: Marleny Arnoldi

Aim-listed Tungsten West has secured a binding eight-year offtake agreement with a US vertically integrated producer of tungsten products and advanced materials called Elmet Technologies. Tungsten... 


tungsten ore
Almonty inks agreement with Sandvik subsidiary to retreat tungsten tailings
18th September 2026 By: Marleny Arnoldi

Nasdaq-listed tungsten miner Almonty Industries has entered into a long-term tungsten concentrate supply agreement with Wolfram Bergbau und Hütten (WBH), a subsidiary of the Sandvik Group, covering... 


Aerial view of the Hemerdon mine
Hemerdon tungsten/tin mine, UK – update
18th September 2026 By: Sheila Barradas

Hemerdon entered production on September 15, 2026. 


Tungsten ore
Aterian subsidiary Eastinco starts tungsten trading trial in Rwanda
16th September 2026 By: Lumkile Nkomfe

LSE-listed Aterian says its wholly owned Rwandan subsidiary Eastinco has started a trial for the trading of tungsten ore and concentrators as part of the continued expansion of the group’s mineral... 


Del Sol refinery
American Tungsten restarts Del Sol antimony refinery early
16th September 2026 By: Marleny Arnoldi

ASX-listed American Tungsten & Antimony's restart campaign at the Del Sol refinery has started ahead of schedule, with the company having launched the leach and electrowinning circuit on site using... 


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pqt: 0.091s - ct: 0.142s - 275pq - 2rq
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