LAM RESEARCH CORP. DL-001

Commented by Nico Popp on October 16th, 2025 | 07:10 CEST

Tungsten – Where the critical element is irreplaceable: Almonty, LAM Research, Rheinmetall

• Mining
• Tungsten
• CriticalMetals
• Defense
• hightech

In recent days, the share price of tungsten producer Almonty Industries has known only one direction: upward. But why is there suddenly such hype surrounding a raw material that, only a few years ago, was known only to experts? The answer is clear: for decades, China lulled Western buyers into a false sense of security and drove foreign mine operators into bankruptcy through dumping prices. Today, Almonty remains the only major tungsten producer in the West, while numerous industries urgently depend on this critical element. We take a closer look at the demand structure of this unique high-tech and defense metal.