Aktuelles zu Almonty Industries WKN: A414Q8 ISIN: CA0203987072 Forum: Aktien User: Moly
Massive US tungsten discovery could run into Nasa roadblock Miner may have found America’s largest deposit of crucial defence metal but space agency is blocking development • Tungsten Deposit Size: America’s largest deposit of tungsten, more than five times larger than the next largest deposit in the US. • Tungsten Deposit Value: Estimated at about $152 billion based on current prices. • Tungsten Deposit Significance: A potential solution to the US tungsten shortage, a crucial metal for the defence industry. • Tungsten Deposit Location and Size: Large deposits of lithium, boron, and potash, along with tungsten, have been found in a 58-square-mile area near Ely, Nevada. • US Government Interest and Funding: The US government is prioritising critical mineral projects to reduce reliance on China, and has added 3PL’s Railway Valley project to a program that expedites approvals. • Land Use Dispute: 3PL is lobbying to overturn a 20-year federal prohibition on mining in a section of the area used by NASA for satellite calibration testing. • Market Speculation: High prices are attracting interest in projects and new finds, with many junior miners trying to capitalise on the market. • Development Timeline: Project development is estimated to be at least five years away. • Market Volatility: Significant changes in the market are expected between now and the potential development completion. https://www.ft.com/content/6abf82dc-6b66-4fc7-8bf7-aa196dbd8e97?syn-25a6b1a6=1
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