Tungsten Stackers

[Eureka Moments]

Anyone stacking Tungsten?

It was one of the best performing Metals over the last 18 months pricewise, mainly due to 3 crucial factors that has ramped up use and demand...

1. It is the one of the best metals to use for making nosecones for ballistic missiles
2. China having highest naturally occuring supplies and restricting sales to many Countries similar to other crucial 'Rare Earths' (Aus has 2nd largest amount I believe)
and
3. Last year interest in watching and also playing Darts had their largest increases in generations due mainly to the World of Professional Darts being taken over by an 18 year old named Luke Littler.

I currently own 7 sets of 95% Tungsten darts paying an average $100 per set, but Darts endorsed by the best Pros can retail twice as high, and Luke Littler's latest sets retail for over $300.

 

[Golden Stash]

This Scheelite (what Tungsten is derived from) mine on king Island has recently reopened , I visited here just prior to the restart and was fascinating to walk around. It closed in 1990 but it now seems as OP suggests that tungsten is on the up and is great news for the town of Grassy and King island as a whole. Grassy was like a ghost town , streets of houses all empty when i as there but they would be all occupied now.

Overview - Group 6 Metals Limited

Overview First operated between 1917 and 1992, the Dolphin Tungsten Mine was once closed due to low tungsten prices, with approximately 50% of the known mineral resource unmined. Group 6 Metals has recommenced operations at the mine and in 2023 commenced commercial production of tungsten...

g6m.com.au