Tungsten Price Continues to Appreciate in US Dollar Terms

In recent months, there have been a number of very positive developments that will further improve the economics of the project.

The overall mining industry slowdown has led to a significantly reduced operating and capital cost structure. Contrary to many other metals, the tungsten price continues to appreciate in US dollar terms.

Which coupled with the declining Australian dollar, has resulted in significantly higher Australian dollar tungsten prices in recent months.
 

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