In 2025, the price of tungsten reached a record level, surging by approximately 80%, which shifted the balance in the critical minerals market.
China, the world's largest tungsten producer, has tightened control over pricing and export policies. The US and European Union countries have begun allocating substantial grants for tungsten processing and the development of domestic production chains.
Throughout the year, the stock value of tungsten-related companies rose in the US and Canadian markets. This dramatically boosted investor confidence and interest in the tungsten sector.
Analysts forecast that the growth of the global tungsten market will continue between 2025 and 2033, with demand for tungsten in the aerospace, defense, automotive, and electronics industries expected to spike sharply.
Tungsten concluded 2025 as a metal that transformed global markets, compelled nations to make strategic decisions, and captured serious investor attention.
