Business

APT Up 900% In Twelve Months, And One Junior Has A Past-Producer

APT Up 900% In Twelve Months, And One Junior Has A Past-Producer Canada NewsWire I...

articleUcore Rare Metals Inc.May 20, 20265/company/ucore-rare-metals-inc/news/apt-up-900percent-in-twelve-months-and-one-junior-has-a-past-producer
APT Up 900% In Twelve Months, And One Junior Has A Past-Producer

About this update from Ucore Rare Metals Inc.

[{"type":"text","content":"\n\n\nAPT Up 900% In Twelve Months, And One Junior Has A Past-Producer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of Western Star Resources Inc.Eight months before DFARS 252.225-7052 prohibits Chinese tungsten from U.S. defense supply chains, capital is repricing the operators positioned to deliver — and a past-producing Nevada asset just filed with the Defense Industrial Base ConsortiumUSA News Group News CommentaryNEW YORK, May 20, 2026 /CNW/ -- Tungsten has stopped being an industrial curiosity. Rotterdam ammonium paratungstate — the benchmark intermediate in the tungsten supply chain — has gone from approximately US$300 per metric tonne unit in early 2025 to roughly US$2,650 per metric tonne unit by late March 2026, with one reported single-week move of US$400 per metric tonne unit between March 13 and March 20. By early May 2026, APT was changing hands at approximately US$3,185 per metric tonne unit — up roughly 350% year-to-date and approximately 900% over the trailing twelve months.[1]  That kind of price action is not a market anomaly. It is the visible expression of a binding supply-chain restructuring already underway.China still controls roughly 80% of global tungsten supply. The U.S. Department of War's tungsten procurement cliff — codified in DFARS 252.225-7052, implementing 10 U.S.C. §4872, with statutory authority anchored in Section 844 of the FY2021 NDAA and meaningfully expanded by Section 854 of the FY2024 NDAA — becomes binding on January 1, 2027. The prohibition covers Chinese, Russian, Iranian, and North Korean tungsten across the full supply chain: tungsten metal powders, tungsten heavy alloys, samarium-cobalt magnets, neodymium-iron-boron magnets, and tantalum metals and alloys. Either new Western tungsten production capacity comes online inside the next several years, or the entire Western downstream tungsten market contracts. There is no third option.Inside that setup, the operators positioned to actually deliver tungsten into the supply gap ...

More updates from Ucore Rare Metals Inc.