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The U.S. military lives and dies by tungsten.
It’s essential to armor-piercing ammunition, missiles, aerospace components, and advanced electronics. There’s just one problem: China dominates global tungsten mining and processing1.
But after decades of outsourcing tungsten production, the federal government has now begun restricting imports.
United States Tungsten founders Stacy Hastie and Randy Waterfield saw this coming. They’re reviving what was once America’s largest tungsten mine, the Tungsten Queen. It’s a site holding an estimated 1 million tons of tungsten with an in-ground value approaching $450 million, the company says.
And it says it is already in talks with the U.S. Government. Now all they need to do is start digging. Investors have a unique opportunity to share in their growth potential as military spending ramps up.
Here’s why this is such a critical window to join them.
Why tungsten is like gold in the defense industry
Tungsten is denser than lead and tougher than steel. The mineral is uniquely durable in extreme heat, making it the only choice for artillery, tanks, and more.
It’s a $3 billion market2 for the raw mineral alone. When you factor in the aftermarket demand for defense hardware and other goods, the conversation shifts to industries worth hundreds of billions of dollars.
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