According to a recent LinkedIn post from Antimony Resources Corp, tungsten prices are described as continuing to move higher, citing Reuters coverage of record levels driven by China’s export controls and growing military demand. The post notes that with supply tightening and limited production outside China, attention is turning toward projects that can provide new sources of tungsten supply.
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The company’s LinkedIn post highlights what it presents as the strategic value of its U.S. tungsten portfolio in this context, specifically mentioning the Tennessee Mountain project in Nevada and the fully permitted Dutch Mountain tungsten processing facility in Utah. The post suggests that as the company progresses near term restart and processing opportunities, elevated tungsten prices and supply constraints could enhance the economic rationale and potential returns of these assets for investors focused on critical minerals exposure.