According to a recent LinkedIn post from Antimony Resources Corp, tungsten prices are rising to record levels, with Reuters cited as reporting that China’s export controls and growing military demand are key drivers. The post indicates that tightening supply and limited production outside China are pushing attention toward projects capable of bringing new tungsten supply to market.
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The company’s LinkedIn post highlights that these market dynamics reinforce the strategic value of its U.S. tungsten portfolio, including the Tennessee Mountain project in Nevada and the fully permitted Dutch Mountain tungsten processing facility in Utah. The post suggests that progressing near term restart and processing opportunities at these assets could position Antimony Resources Corp to benefit from elevated pricing and supply diversification themes in the tungsten market.