Thursday, April 28, 2022 10:38:49 AM
"However, court documents state the governments have now rejected both."
"Falck, though, argues tungsten prices have “increased substantially” and may help a Mactung sale.
In 2015, when North American Tungsten failed, “tungsten wasn’t worth anything given the control the Chinese had over the market,” said Falck.
Now, he added, with Europe and North America attempting to cut China out of supply chains, “that price is shifting and we’re seeing an increased opportunity for companies to take advantage of that.”""
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