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Proactive Investors – Outlook for tungsten developers ‘promising’ amid tightening supply – Apollo Minerals $AON
Mark Seddon, tungsten market expert and senior manager consulting services at Argus Media is joined in the Proactive studio by Apollo Minerals‘ (ASX:AON) Hugo Schumann and Andrew Scott.
Seddon talks through the main uses for the metal as well as the outlook for European developers and producers.”The supply side is dominated by China accounting for around 85% of supply so there are issues around security of supply”.
Meanwhile Schumann updates on developments with their Couflens project following the announcement they’ve received approval from the French government to acquire the remaining 20% interest in the asset.