The Imbalance of Tungsten Supply Chain: China Holds 80% while U.S. Struggles

Wednesday, 3 July 2024, 01:15
China controls a significant portion of the global supply chain for critical minerals, with 80% ownership in tungsten, a key metal. This dominance raises concerns about the U.S.'s heavy reliance on China for this essential resource. Despite China's control, it has refrained from imposing strict limitations on tungsten, impacting global market dynamics.
CNBC
The Imbalance of Tungsten Supply Chain: China Holds 80% while U.S. Struggles

China's Control over Tungsten Supply

China's ownership is a concerning 80%

U.S. Dependency on China

The U.S. faces challenges due to heavy reliance

Global Market Implications

  • China's power can influence global pricing
  • Risk of shortages due to unbalanced supply chain
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