A significant tungsten discovery in the US highlights challenges in reducing reliance on China for critical minerals despite federal investment.
The US has identified its largest tungsten deposit, a critical mineral used in electronics and defense, yet faces ongoing hurdles in securing supply chains. Federal efforts to counter China’s dominance in critical minerals have seen setbacks, including domestic regulatory and logistical challenges.
Government spending on mineral security has increased under recent administrations, but progress remains slow. China controls over 80% of global tungsten processing, leaving the US and allies vulnerable to supply disruptions. The new discovery may ease dependence but requires years to develop.
Markets have yet to react significantly, as long-term supply chain shifts take precedence over immediate price movements.