Tungsten Project Untouched Since 1957 Heading for the Drill
The U.S. hasn't had a commercial tungsten mine operating since 2015, while China supplied roughly 79% of the world's mined tungsten last year. That imbalance has turned a metal used in armor-piercing munitions, cutting tools and electronics into a national-security issue. Starting January 1, 2027, U.S. defense procurement rules tighten further for tungsten metal powder and heavy alloy sourced through China, Russia, Iran or North Korea.Shares of Western Star Resources Inc. (CSE: WSR) (OTCQB: WSRIF) are moving higher Wednesday after the company reported the first modern assays from its Eagle ...