@WriterHannahBT Yep, especially on a stinking hot day in Australia
when the change is coming through
You Smell it on the dry plains & wafts through the house
#Tungsten moved from a $5 Billion market to $50 Billion in a year... 1000% gain.
I sat down with tungsten expert William Parry-Jones this week to discuss all things tungsten: geopolitics, supply, demand and why it's become a bidding war between governments.
His verdict on buying strategic-grade material right now?
"Highest bidder wins."
Don't believe me? The UK Government just secured a stake to @TungstenWest to restart the Hemerdon mine.
A sovereign government buying its way into the supply chain because it can't get what it needs in the spot market.
More on tungsten in my up coming Catt Calls written piece, fresh from my visit to @EQResourcesASX tungsten project at Mt Carbine.
Watch here:
https://t.co/UWlVQ98KFR
#Tungstenmining #CriticalMinerals
Effective as of today
No clear indication on whether Japan will get exemptions from allowing these scraps to be exported to Japan for recycling
Regardless, Japan's Tungsten inventory is being drawn down so expect more price increases from carbide tools for semiconductor
@Fibonazzo $0.80 is good
but in the first mining boom I've seen these things go to $3.00 in a blink of an eye
Either way the Christmas presents are gunna be good this year