The Tungsten Market Is Warning of an Upcoming War
Odd Lots
Aug 03
The Tungsten Market Is Warning of an Upcoming War
The Tungsten Market Is Warning of an Upcoming War

Odd Lots
Aug 03
Unprocessed episode, you can be the first!
Shownote
Shownote
Bloomberg Opinion columnist David Fickling tells us you can think of tungsten
mining as “a century old prediction market for war.” As he writes in a recent
piece [https://bit.ly/4ySeGpo], tungsten is “a super-element that can determine
the fate of nations.” While the commercial market for tungsten is fairly small,
it can be crucial in war manufacturing, due to its high density and melting
point. He learned more about tungsten mining, and its increasing geopolitical
necessity, during a visit to Australia's Dolphin Mine, which has a history of
opening up during times of war, and then closing again during times of peace. He
explains to us why investors are once again interested in tungsten mining and
why it's been so hard (over the last century) to sustain production outside of
China.
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