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Tungsten soars after China curbs supply; West steels itself

Labourers at a tungsten mine at Zhongshan, Guangxi Zhuang Autonomous Region. China has issued an edict enforcing production quotas.


THE price of one of the most critical materials for the Western world's economy and defences is spiking faster than any major commodity.

Tungsten, used to harden steel in ballistic missiles and in drill bits, has surged more than 50 per cent in the last two months amid...