NewzThe price of tungsten, a rare and exceptionally hard metal essential to the defense industry and other critical sectors, has increased ninefold over the span of a little more than a year. Researchers warn that this rapid price surge is causing significant concern among industries that rely heavily on the material for their operations.
Experts caution that the situation carries substantial risks of failure, criticizing what they describe as an overly passive stance from European authorities in addressing the supply and cost pressures surrounding the vital metal.
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