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U.S. Pursues South Korean Tungsten Amid Supply Crisis

12/28/2025

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Summary

Story summary

The U.S. is seeking tungsten from South Korea to secure a critical mineral for defense.
Almonty Industries reopened the Sangdong mine, which contains millions of tons of tungsten, after over 30 years.
CEO Lewis Black highlighted the urgency for the U.S. to find alternative supplies due to China's dominance in the rare earths market.
The mine is projected to produce 1.2 million tons of tungsten ore annually for U.S. military needs.
This initiative follows a minerals deal with Ukraine to enhance resource development amid geopolitical tensions.

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Story summary

The U.S. is seeking tungsten from South Korea to secure a critical mineral for defense.
Almonty Industries reopened the Sangdong mine, which contains millions of tons of tungsten, after over 30 years.
CEO Lewis Black highlighted the urgency for the U.S. to find alternative supplies due to China's dominance in the rare earths market.
The mine is projected to produce 1.2 million tons of tungsten ore annually for U.S. military needs.
This initiative follows a minerals deal with Ukraine to enhance resource development amid geopolitical tensions.