The latest announcement is out from Demesne Resources Ltd. ( (TSE:TUNG) ).
American Tungsten Corp. is strategically positioned to play a key role in the global minerals market following China’s expansion of tungsten export controls in response to U.S. trade measures. This development is expected to tighten global tungsten supply, enhancing American Tungsten’s domestic production strategy and potentially increasing its market share by meeting the demand of U.S. manufacturers and defense contractors, thus supporting economic growth and national security.
More about Demesne Resources Ltd.
American Tungsten Corp. operates within the minerals industry, focusing on the production and supply of tungsten, a critical mineral used in advanced manufacturing, aerospace, and defense applications. The company aims to meet growing domestic demand and ensure supply chain resilience amidst global market shifts.
YTD Price Performance: 146.30%
Average Trading Volume: 60,748
Technical Sentiment Consensus Rating: Sell
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