Latest Tungsten Market News

Catalina Resources has uncovered a promising intrusion-related tungsten-polymetallic system at its Tallering Project in Western Australia, highlighted by strong W-Mo-Bi mineralisation and a priority drill target from an untested eastern IP anomaly.

Critica Limited is reshaping its Mt Lindsay Tin-Tungsten Project with an innovative underground mining approach, aiming to reduce surface disturbance and integrate environmental and commercial factors amid strengthening commodity prices.

Almonty Industries launches a US$300 million share repurchase program over three years, aiming to capitalise on undervalued shares ahead of full capacity at its Sangdong mine.

Stelar Metals has cleared all statutory hurdles and locked in an experienced driller to launch its maiden 3,500m RC drilling campaign at the Hill of Leaders Tungsten Project within weeks, targeting exceptionally high-grade tungsten mineralisation.

Stelar Metals has reported exceptional high-grade tungsten assays from Phase 2 sampling at Hill of Leaders, with grades up to 15.7% WO3 extending mineralisation beyond previous footprints. The company is gearing up for its first 3,000m reverse circulation drilling program amid strong market conditions for tungsten.

Almonty Industries posted a striking turnaround in Q2 2026, driven by soaring tungsten prices, ramping Sangdong Mine operations, and a major $800 million convertible notes raise.

Stelar Metals has raised A$2.6 million through a discounted placement to fund its maiden bedrock drilling at the Hill of Leaders Tungsten Project, aiming to test a historically unexplored system amid tight global tungsten supply.

EQ Resources delivered a breakout quarter with A$79 million revenue and A$22.5 million operating cash flow, driven by a 176% production surge at Mt Carbine and soaring tungsten prices. The company greenlit a major expansion to double crushing capacity, targeting commissioning in Q3 FY2027.

Almonty Industries will delist from the Toronto Stock Exchange by July 31, 2026, focusing its trading exclusively on Nasdaq to streamline costs and align with where most activity occurs.

IRIS Metals has launched Phase I field activities at its Finley Basin Tungsten Project in Montana, aiming to validate historical mineralisation with a 7,000m drill program scheduled for Q3 2026.

EQ Resources reported FY26 tungsten production of 1,189 tonnes WO3 and is advancing major expansion projects at its Mt Carbine and Barruecopardo mines to more than triple output amid tightening global supply.

Group 6 Metals set a new quarterly record processing 77,953 tonnes at its Dolphin Tungsten Mine, producing 21,297 MTUs of tungsten concentrate despite lower feed grades. The company strengthened its cash position to $49.5 million and commenced underground mining, aiming to improve grades and recovery in coming quarters.