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FAQ: Surging Tungsten Concentrate Demand and Almonty Industries' Perspective
TL;DR
Almonty Industries benefits from surging tungsten demand driven by defense, semiconductors, and automotive sectors, creating a strategic advantage in the global market.
Tungsten concentrate demand is rising due to defense, semiconductor, and automotive industries, with prices higher in China than the West for seven consecutive months.
Increased tungsten production supports critical technologies like semiconductors and defense systems, potentially enhancing global infrastructure and technological advancement for future generations.
Tungsten prices in China have exceeded Western prices for seven months, a rare market shift highlighted by Almonty Industries' CEO Lewis Black.
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The content discusses the surging global demand for tungsten concentrate, a scarce metal, as explained by Almonty Industries CEO Lewis Black in a Benzinga interview.
It's significant because tungsten prices in China have been higher than in the West for seven consecutive months, which CEO Lewis Black says has never happened before in his experience.
Lewis Black is the CEO of Almonty Industries Inc. (Nasdaq: ALM), a company involved in tungsten concentrate production and distribution.
According to Lewis Black, demand is being driven by the defense industry, semiconductor companies, and the automotive sector (particularly with interest rates dropping).
While the situation may appear "chaotic" to outside observers, CEO Lewis Black describes it as "fantastic" for Almonty Industries.
The interview was conducted recently (implied December 2025 based on the article date) and can be watched at: https://www.youtube.com/watch?v=CfcQnPN8WQ4
This is sponsored content for informational purposes only, not investing advice, originally published on Benzinga with further disclosures available through their partner disclosure link.
The original release is available on www.newmediawire.com, and the content was originally published on Benzinga with disclosure information linked in the article.
Curated from NewMediaWire
