The Organisation for Economic Co-operation and Development (OECD) discourse and institutional norms on critical minerals focus on supply chain security, sustainable development and responsible business conduct (RBC), aiming to address the importance and potential risks of critical minerals in the global economy, green transition and national security. The following is a systematic analysis of the OECD's discourse, institutional framework and implementation, and provides suggestions from the neutral perspective of China's critical minerals practitioners.

1. Introduction: The Strategic Position of Critical Minerals in the Global Economy and Security

3TG refers to four critical minerals: Tantalum, Tin, Tungsten and Gold, which are named after the initials of their names. These minerals are in the spotlight due to their importance in global supply chains and their potential "conflict mineral" attributes, particularly in industries such as electronics, aerospace, automotive, and jewelry.

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices rose on Monday, with obvious supply-side push and lagging demand-side response. The tungsten market is characterized by an interplay of supply and demand dynamics alongside policy interventions, resulting in a situation where prices are high but trading volume is low.  Industry participants generally awaiting the release of long-term procurement prices from major tungsten enterprises for the latter half of the month.