Latest Tungsten Market News

EQ Resources has successfully commissioned a third XRT ore sorter at its Saloro tungsten operation, increasing sorting capacity by 50% and improving processing efficiency. An updated ore reserve estimate is expected in early Q4 2025, reflecting operational gains and stronger tungsten prices.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.

Almonty Industries reported significant losses in Q2 2025 as it advances the Sangdong tungsten mine in South Korea and completes a US$90 million Nasdaq IPO to fund growth projects.

Tungsten Mining NL’s review of historic drilling at Mt Mulgine confirms significant shallow gold mineralisation, reinforcing its integrated gold-tungsten development approach. The findings highlight near-surface gold potential to offset pre-strip costs and accelerate tungsten extraction.

Trigg Minerals has acquired 100% of the Tennessee Mountain Tungsten Project in Nevada, marking a strategic expansion into critical minerals with a historically significant tungsten resource. The move aligns with rising tungsten demand and the company's goal to become a key supplier of defence metals.

EQ Resources delivered a robust Q4 FY2025 with strong tungsten output from its Spanish and Australian operations, bolstered by strategic capital raises and key plant enhancements.

Group 6 Metals Limited has reported record quarterly tungsten production and sales, completed a major recapitalisation reducing debt, and is transitioning from open cut to underground mining at its Dolphin Tungsten Mine.

EQ Resources Limited highlighted its growing global footprint in tungsten mining at the 2025 Noosa Mining Conference, detailing production growth, reserve expansions, and strategic funding initiatives.

Tungsten Mining NL (ASX – TGN) highlights its position as a key supplier of ethically sourced tungsten outside China, leveraging one of the world’s largest resource bases amid tightening global supply and rising prices.

Almonty Industries has successfully priced a US$90 million upsized public offering and commenced trading on the Nasdaq, positioning itself as a key tungsten supplier for U.S. defense needs.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

EQ Resources Limited has successfully raised $18.8 million through a share placement, complemented by a $3 million Share Purchase Plan, to fund its tungsten mining projects and reduce debt.