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U.S. Hits New Obstacle on Critical Mineral Security Course
['Irina Slav', 'What I Cover Irina Slav Has Been Writing About Global Energy Markets Since', 'Covering The Oil', 'Gas Industry', 'Energy Security', 'Commodities', 'The', 'More Info']
Oilprice.com
Yet while the federal government spends billions to build a position in critical minerals and challenge China’s dominance, there have been setbacks—even at home.
Earlier this week, the Financial Times reported that a company had made the biggest discovery of tungsten in the United States.
The price rally in tungsten highlights the national security aspect of critical minerals such as tungsten.
This makes the tungsten discovery in Nevada even more important—if its commercial viability is proven, of course.
Of course, a discovery takes a while to turn into an operational mine, but long-term thinking is always advisable when it comes to national security—and long-term critical mineral supply security begins at home.