For the first time since 1993, tungsten has been produced at the Sangdong Mine in South Korea.
The story of tungsten, the global supply challenge, and Almonty’s growing role in building a more secure and diversified supply chain.
There are too few producing Western tungsten mines to meet demand. Without new mines the entire market will contract – leaving even the established producers without customers.
There are too few producing Western tungsten mines to meet demand. Without new mines the entire market will contract - leaving even the established producers without customers.
The mining industry is facing a generational crisis. To stay competitive, the sector must rethink how it attracts, trains and retains the next wave of talent.
The Fourth Industrial Revolution is often described as a triumph of software. In reality, it’s being shaped just as much by the physical materials that make advanced machines possible. Tungsten is one of them – and its importance is coming back into focus.
As goverments seek to reduce dependence on single-country sources of critical metals, Sangdong’s redevelopment offers a practical template for restoring tungsten supply while meeting modern environmental and social expectations.
As the US and Europe encourage production to move closer to end markets, attention is turning upstream. Discover why control of critical raw materials such as tungsten should be part of economic autonomy plans.