South Korea Gives Almonty's Major Tungsten Mine Final Green Light To Supply The West
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Source: Zero Hedge
Published: 2026-09-21 23:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, South Korea, China, War & Conflict, Asia Pacific
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Snippet:
Bloomberg reports that Almonty Industries has secured final administrative approval from South Korean authorities to commercially process tungsten at its Sangdong mine. The approval positions Sangdong to begin supplying major Western customers and accelerate supply chain decoupling from China for the critical industrial metal. As Beijing restricts tungsten exports, the West's looming rearmament cycle adds urgency to securing conflict-free supplies.
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