Critical Minerals and Supply Chains

Almonty Industries has reopened the Sangdong tungsten mine in eastern South Korea, one of the world’s largest deposits of the defense‑critical metal, and its CEO Lewis Black says that once the site becomes fully operational in the coming year it will produce about 1.2 million tons of ore annually and can meet U.S. national‑security demand 'for decades.' The move is part of a broader U.S. effort to reduce dependence on China, which dominates global tungsten and other critical‑mineral supply chains and has previously threatened to restrict exports during trade tensions.