In a sure sign of its commitment to tungsten Global Tungsten & Powders signs MOU for the acquisition, build-out and off-take of Almonty Industries' future tungsten production
From acquisitions to offtake agreements and government approvals, tungsten exploration and development companies have been plowing ahead with their plans.
Carbine Tungsten was granted final approval for its stockpile processing facility.
On November 26, a joint conflict-free program was announced to help address the issue of conflict tungsten.
It looks like a finish line is coming up on the horizon for Wolf Minerals, whose Hemerdon tungsten project in the UK was just granted a "minded to" status for its Waste Facility Environmental Permit.
Tungsten is one of the world's most critical metals, which undoubtedly helps keep interest in tungsten projects alive. Here are two companies that have recently acquired an interest in tungsten.
In another show of support for tungsten, the Queensland government has given Vital Metals the go ahead for its Watershed tungsten project.
Tungsten exploration company, Blackheath Resources (TSXV:BHR) has been granted a an Experimental Mining Licence (EML) by the Government of Portugal for the Covas tungsten project located in northern Portugal.
The Environmental Authority of Australia has granted Carbine Tungsten (ASX:CNQ) approval to process its hard rock stockpiles up to 3 million tonnes per annum.
Tungsten just doesn't have the sex appeal that made investors fall for the rare earth story. But maybe that's its trump card, considering the boom/bust cycle that swept rare earths didn't touch tungsten's slow, steady price increases. Analyst Mark Seddon of Tungsten Market Research has long been watching the often ignored metal, and asserts that tungsten is a harder sell, but a better buy for investors. In this The Metals Report interview, Seddon outlines tungsten's finer points and suggests miners are poised to reap rewards.