Latest Tungsten Market News

Almonty Industries has priced an upsized US$112.5 million share offering to accelerate development of key tungsten and molybdenum projects, reinforcing its position amid tightening global supply chains.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

Terra Critical Minerals has inked a binding deal to acquire the True American Tungsten Project in Nevada, a high-grade, historically productive site, while launching a $600,000 entitlement offer to fund exploration amid record tungsten prices.

Tungsten Mining NL’s latest scoping study confirms Mt Mulgine as a globally significant critical minerals project with strong financial prospects and strategic positioning amid tightening tungsten supply.

Almonty Industries posted a strong Q3 net income driven by rising tungsten prices and strategic financing, while advancing its flagship Sangdong Mine and acquiring new US exploration rights.

Trigg Minerals has significantly expanded its US tungsten portfolio by acquiring claims over the historic Nightingale Tungsten District in Nevada, including high-grade past-producing mines. The company is gearing up for major drilling campaigns to define resources and strengthen domestic supply of this critical metal.

EQ Resources Limited reported a robust Q1 FY2026 with soaring tungsten prices, operational upgrades, and significant capital raises to fuel mine expansions.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.

Tungsten Mining NL is moving to list on the U.S. OTCQB Market, aiming to tap into strong North American investor interest as tungsten prices climb and critical mineral security becomes a priority.

Koba Resources has acquired exclusive rights to two high-grade tin-tungsten projects in Queensland’s historic Herberton Tin Field, backed by a $4.35 million placement to fund exploration and drilling.

Tungsten Mining NL has successfully raised $9.5 million through a share placement to advance its Mt Mulgine gold-tungsten project, reinforcing its position in the global tungsten market.