Defense Stockpile Orders Send Explorers Back to Old Tungsten Camps

Equity Insider News Commentary - The global tungsten market is valued at approximately $6.66 billion in 2026 and is projected to reach about $9.62 billion by 2030, a compound annual growth rate of roughly 9.6%, according to The Business Research Company. Washington is now putting purchase orders behind that demand. In September, the U.S. Defense Logistics Agency awarded an indefinite-delivery, indefinite-quantity contract with a ceiling of up to $2 billion for tungsten ores, concentrates and sod