Tungsten is Under Donald Trump’s List of 35 Minerals Deemed Critical to US

The US White House issued a statement saying that in order to boycott China’s acquisition of US technology, the United States will still impose a 25% tariff on 50 billion Chinese goods, mainly related to the “Made in China 2025” related industries, and also invest in China’s high-tech industries in the United States. Set new limits. The list of specific commodities will be announced on June 15 and tariffs will be implemented shortly thereafter.

What is the result of the Sino-US trade war negotiations, in fact, the author is still in the fog. A few days ago, US Treasury Secretary Mnuchin said clearly to the media that the US-China economic and trade consultations have made very meaningful progress. The two countries reached an agreement on the framework and agreed to stop the trade war. Why did Trump suddenly turn his face and go back? The reason is that China's development has made the world's first developed countries feel uneasy, trying to suppress the containment, not only the United States regards China as its main competitor. Even Germany, yesterday, after the German President Merkel ended his trip to China, he returned to China to hold the "AI Summit. The German government will formulate a new AI strategy to compete with China.

In the moment, the development of science and technology in any country in the world is inseparable from important metal resources. In particular, with the extensive attention of new materials science, countries have begun to make every effort to ensure and control the exploitation and development of rare metals. Rare metals are rare and rare metals that we often say, but they are not defined by a small amount. Generally, a metal can be called "rare" as long as it satisfies three conditions. These three conditions are: very little in the earth's crust, where the production area is concentrated in a specific area, and separation and refining are very difficult.

Tungsten is also a rare metal that satisfies the second of the above conditions. The origin of tungsten is mainly concentrated in China, and about 60%-64% of the world's tungsten reserves exist in China. At present, China imports about 90,000 tons of WO3 per year, which supplies about 80% of the world's tungsten demand. At the same time, tungsten is also a strategic metal, mainly used in national defense, aerospace, automotive, petrochemical, microelectronics and new materials industries. It is closely related to our lives. At present, the world's tungsten consumption is mainly dependent on Chinese supply, especially the United States.

The United States has 4% of the world's tungsten reserves. In these years, the United States has made waves in the world, arousing the anger of the people of the world, but the people of all countries have no choice. In this trade consultation, we should realize that Trump is not a neurotic. On the contrary, he is an unscrupulous American president who has many routines and does not follow the common sense. The purpose of his trade war is to suppress China's high-tech industry. But the US high-tech industry is inseparable from China's rare earth, tungsten, indium and other mineral resources. In order to prevent China from seizing its industrial throats on important mineral resources such as rare earths and tungsten, he listed 35 critical minerals targeting China and Russia, encouraging US companies to exploit strategic minerals (North America, South America, and Australia are rich in minerals). Resources). Tungsten is also among the list of these 35 important minerals.

Recently, Raytheon Mining Co., which operates the Pellet Hill tungsten mine in Nevada, USA, said that thanks to Trump's 35 minerals deemed critical for United States, the company's share price has continued to rise and has received more financing. Currently, they own 100% of the resources of the Pellet Hill project in Nevada. In addition to tungsten, the project also includes copper, silver and lithium. As the tungsten price in the world market is rising, they are fully accelerating the preparation for exploration and mining, and the production date is expected to accelerate.

Americans believe that the project has a unique strategic position. It is a national project with long-term mining jurisdiction, which is conducive to the safe operation of the United States. The project will provide more real employment opportunities, meet the country's obvious demand for tungsten, and help promote American prosperity. In short, to prevent China from restricting strategic minerals, Trump is not unprepared.

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