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Plansee builds major tungsten project as China exports tighten

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Story summary
  • Plansee Group is building a large tungsten operation near Reutte, Austria.
  • China dominates the global tungsten supply chain and has restricted exports, halting shipments to Japan.
  • These Chinese restrictions have driven up tungsten prices worldwide.
  • The project is one of the West’s largest tungsten operations outside China.
  • Tungsten’s hardness, heat resistance, and density make it essential for automotive parts, semiconductors, and armor-piercing ammunition.