US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country

US Miner Almonty Strikes Major Deal With Africa's Largest Tungsten-Producing Country Almonty Industries is positioning itself to "become the leading Western producer of tungsten," potentially as early as 2027, as Western buyers confront a severe supply shortage sparked by China and, more broadly, what we've described as "resource nationalism." Bloomberg reports that Almonty has partnered with Rwanda's government, securing a foothold in Africa's largest tungsten-producing nation. The deal aims to accelerate access to existing production and develop a traceable, conflict-free supply chain for Western governments, reducing dependence on China's quasi-monopolistic market...