Tungsten market prices surge 900% YoY as U.S. defense ban looms Jan 2027, but domestic supply capacity lags far behind policy ambition.
Company Profile
Western Star Resources
Overview
About Western Star Resources
Western Star Resources Inc. (CSE: WSR; OTCQB: WSRIF) is a Canadian junior mineral exploration and development company focused on critical minerals, building a portfolio centered on tungsten alongside gold and silver assets in the United States and British Columbia. The company is assembling a U.S. tungsten platform, having acquired the past-producing Eagle Point Tungsten Mine in Hidalgo County, New Mexico, and holding the White Star tungsten-molybdenum skarn property and the Rowland project in Elko County, Nevada, plus the flagship Western Star gold-silver project in B.C.’s Revelstoke Mining District. Tungsten is a defense-critical metal with over 80% of global supply controlled by China, and Western Star has filed an application with the U.S. Defense Industrial Base Consortium to support non-China supply. The company closed an oversubscribed placement exceeding C$3 million to advance its tungsten exploration strategy.
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