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The latest update is out from Demesne Resources Ltd. ( (TSE:TUNG) ).
American Tungsten Corp. announced its participation in the Top Shelf Partners Commodities Global Expo 2025, emphasizing its commitment to enhancing the U.S. critical minerals supply chain. The company’s involvement highlights its strategic focus on advancing its flagship IMA Mine in Idaho, a key tungsten project, and its engagement with the U.S. Department of Defense and the Defense Industrial Base Consortium. This participation underscores the company’s role in bolstering domestic production of critical minerals, which are vital for sectors like defense and aerospace.
More about Demesne Resources Ltd.
American Tungsten Corp., formerly known as Demesne Resources Inc., is a Canadian-based company focused on acquiring and exploring magnetite mineral properties. The company has significant interests in the Star Project in British Columbia, Canada, and the IMA Mine Project, a past-producing tungsten mine in Idaho, U.S. American Tungsten is involved in securing domestic production capabilities for critical minerals, particularly tungsten, which is essential for defense and industrial applications.
YTD Price Performance: 157.41%
Average Trading Volume: 245,118
Technical Sentiment Signal: Strong Sell
See more data about TUNG stock on TipRanks’ Stock Analysis page.