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| Nevada tungsten |
Golden Metal Resources won $6.2mn for the Pilot Mountain site in Nevada. The Nevada tungsten project received Defense Production Act Title III funding. The Nevada tungsten project will complete a pre-feasibility study under the award. Therefore, the Nevada tungsten project advances US critical minerals strategy.
Why the funding matters
The DOD views tungsten as a critical and strategic priority. No commercial tungsten production exists in the US today. Therefore, Pilot Mountain could reduce import reliance if commercialized. The award is one of eight DPA approvals this year. It is the third tungsten sourcing award since 2024. Golden Metal Resources is a unit of Guardian Metal Resources.
Strategic implications for supply chains
China produced 83pc of global tungsten in 2024. Beijing also applied export controls in February. As a result, diversifying supply is a national priority. The project supports aerospace and defense alloy production. Downstream users include jet engines, electronics, and precision munitions.
The Metalnomist Commentary
DPA funding de-risks early studies and tightens links to defense demand. Watch PFS scope, permitting, and offtake formation, which will gauge bankability. If progress holds, Pilot Mountain could anchor a domestic tungsten chain.
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