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China's Tungsten Squeeze Sends Prices Soaring and Exposes a Western Defense Weak Point
Economy

China's Tungsten Squeeze Sends Prices Soaring and Exposes a Western Defense Weak Point

Tungsten prices have surged more than 200% in 2026 as China throttles exports of a metal essential to missiles, jets, and armor-piercing rounds, exposing a Western defense supply gap that will outlast the Iran conflict.

Jun 3, 2026
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