High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Gold mines are a dime a dozen but a world class tungsten mine is unique and could prove to be highly profitable. In my opinion tungsten is a good bet to make just in case gold or other metal prices collapse in the future.
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