Finding the right combination of factors for an investable tungsten operation is no easy matter, says Robert Baylis, managing director of London-based Roskill.
Tungsten analyst Mark Seddon says a shortage could mean higher prices and profits for those that get to the market early.
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.
In this interview, Lisa Reisman discusses how companies are dealing with new Dodd-Frank requirements and names companies closest to production in the crucial tantalum, tungsten and tin space.
Location, processing and capital can make the tungsten market a tough place to be, but dwindling supply and insubstantial production indicate a coming price swing.
An English mine last used to make armaments to defeat Hitler’s forces will be revived to challenge China’s grip on tungsten, among strategic metals at the heart of a deepening trade dispute with Europe and the U.S.
China has suspended the approval process for new antimony, tungsten and rare earth mines until the end of June next year, excluding selected projects.
Laissez-faire capitalism is alive and well in the rare earth mining sector of the United States, Canada, Australia, and South Africa.
The China Nonferrous Metals Industry Association (CNMIA) reports tungsten concentrate production fell in the first five months of 2008. Insiders do not believe the reduced output will put a floor under prices yet.
The move is designed to combat falling tungsten concentrate prices in the domestic market.