China’s Tungsten Export Ban Drive Global Supply Race As Strategic Metal Prices Surge

Tungsten prices have climbed to record levels since China, the world’s dominant producer of the strategic metal, tightened export controls in 2025, sparking growing concern across industrial and defence supply chains.The restrictions have compelled manufacturers worldwide to seek alternative sources of supply as access to the critical raw material becomes increasingly uncertain.Reflecting the
Tungsten prices have climbed to record levels since China, the world’s dominant producer of the strategic metal, tightened export controls in 2025, sparking growing concern across industrial and defence supply chains.The restrictions have compelled manufacturers worldwide to seek alternative sources of supply as access to the critical raw material becomes increasingly uncertain.Reflecting the
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