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The Economic Times

Business / The Economic Times

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China export ban hits tungsten, crucial metal for defence, industry

Tungsten prices have reached record highs since China imposed export restrictions in mid-2025. Manufacturers are now forced to explore alternative supply sources to meet rising demand for tungsten. This metal is crucial for various industries, including aerospace, automotive, and defense. Several global projects are being initiated to extract and recycle tungsten, aiming to reduce dependence on China.

21 Oct 2026 6:52 pm