This Metal Can Deter China’s Military Dominance

Article highlights China’s dominance in tungsten supply, producing ~80% of global output used in bullets and armor plating. It argues that sourcing is “about to change,” based on a remote mine visit in Australia—potentially reducing concentration risk but likely creating transitional supply and pricing uncertainty for defense-linked supply chains.

Analysis

Article highlights China’s dominance in tungsten supply, producing ~80% of global output used in bullets and armor plating. It argues that sourcing is “about to change,” based on a remote mine visit in Australia—potentially reducing concentration risk but likely creating transitional supply and pricing uncertainty for defense-linked supply chains.