US Takes $450 Million Stake in Tungsten Firm to Counter China

US Takes $450 Million Stake in Tungsten Firm to Counter China

The Pentagon will take a near-20% stake in a US producer of tungsten — a metal used in military hardware — in a move that expands the Trump administration’s push to secure critical minerals supplies outside China.

The Pentagon will take a near-20% stake in a US producer of tungsten — a metal used in military hardware — in a move that expands the Trump administration’s push to secure critical minerals supplies outside China.
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Bloomberg — Markets (EN)




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