$GMTL

The global tungsten market is projected to grow from $6.66B in 2026 to $9.62B by 2030, driven by demand in aerospace, defense, and electronics, according to The Business Research Company. GoldHaven Resources received an exploration permit for its Magno Project in British Columbia, planning a 5,000 to 7,000-meter drill program. The project has 24 potential target zones and historical estimates of tungsten mineralization. The U.S. has implemented rules to restrict tungsten imports from certain cou

Tungsten prices surged 622% in 2025, driven by U.S. defense supply chain rules. Blue Moon Metals (TSXV: MOON, NASDAQ: BMM) secured permits for its Nevada tungsten project, aiming for 2027 production. Almonty Industries (NASDAQ: ALM, TSX: AII) began processing at its South Korea mine. American Tungsten (TSXV: TUNG, OTCQX: TUNGF) and Fox Tungsten (TSXV: FOXT) also advanced projects. Investors may monitor these companies for potential opportunities.

The article says tungsten has outperformed gold, silver and copper over the past year and that the U.S. has not mined tungsten since 2015, while China supplies about 80% of global tungsten and nearly 90% of processing. It notes a U.S. defense rule from Jan 1, 2027 banning tungsten routed through China. It highlights Blue Moon Metals (TSXV: MOON, NASDAQ: BMM) acquiring 33 tungsten and antimony projects near its Springer complex, with consideration including 2.8M shares, $5.0M cash, and a 1% NSR r

Guardian Metal Resources plc says it has granted 681,817 previously approved share options to certain directors after a UK MAR closed period ended 14 July 2026. Non-Exec Mark Thorpe received options over 400,000 shares at £2.55, and Michael Schlumpberger received options over 400,000 shares at £1.31. CEO Oliver Friesen’s EMI options were adjusted, including a five-year extension to 3 May 2031.

Guardian Metal Resources (GMTL/GMET/GMTLF) reported results of a S-K 1300 pre-feasibility study for its Pilot Mountain tungsten project in Nevada. Base case assumes conventional open-pit mining and tungsten price of $197,300/tonne WO3, with after-tax NPV8 of $660.3M and IRR 59.6%; at a 12 Jun 2026 spot price, after-tax FCF $2.088B, IRR 101.6%, NPV8 $1.366B. Production is targeted for Q4 2028.

Guardian Metal Resources plc said it received notice to exercise options for 500,000 new 1p ordinary shares at 14p each, raising £70,000. The company plans to admit the shares to trading on AIM around 8 June 2026. After admission, issued capital will be 194,807,981 shares, representing total voting rights.

Tungsten APT prices have risen about 557% since China added tungsten products to export controls in Feb. 2025, pushing the European benchmark toward US$2,250/mt unit by March 2026, according to the article. GoldHaven (CSE: GOH) highlighted its 37,000-hectare Magno Project in BC, citing historical tungsten results up to 6,550 ppm and indium up to 334 ppm, and plans for 2026 drill testing. The release also notes Canada’s expanded 30% critical-minerals tax credit for tungsten and a U.S. DoD acquisi