The Tungsten Opportunity: Reducing U.S. Reliance on Imports

A red and white infographic titled “The Tungsten Opportunity: Strong Fundamentals & Demand” with a mining-cart icon full of ore. The top section, “The Defense Sector Opportunity,” has two panels: one shows a row of ore buckets under “Tungsten’s Critical Metal Status,” noting U.S./Canadian national-security importance and critical-metal listings; the other, “Creating North America’s Tungsten Supply,” depicts workers loading ore and calls out zero domestic mining since 2015. The next section, “Why Tungsten Is Important to Defense,” shows three illustrations—an anti-tank missile launcher for ammunition, an armored tank for vehicles & armor, and a fighter jet for aerospace & weaponry—highlighting hardness, heat resistance, and alloying. A “Demand & Supply Outlook” section lists global reserves (3.8 MM t: China 48%, rest of world 52%) and production (84% China, 16% rest). The bottom shows a U.S. map overlaid with a red forklift lifting a shipping container, annotated with U.S. tungsten import volumes for 2020 (~10,500 t), 2021 (~12,300 t), and 2022 (~14,430 t), broken into ores/concentrates and other forms. — Learn more at https://www.alphaequityreport.com/tungstencorp

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