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Deer Horn Metals Inc. (TSXV:DHM ,OTCPINK:GODYF ) reported tungsten is considered an endangered metal by American Elements.
Deer Horn Metals Inc. (TSXV:DHM ,OTCPINK:GODYF ) reported tungsten is considered an endangered metal by American Elements.
As quoted in the press release:
Tungsten’s high ranking on the list is due primarily to China’s rapidly-growing consumption. The country currently produces 85% of the world’s tungsten, but its factories are enormous tungsten consumers-so much so that China is a net tungsten importer. The United States, Europe and Japan consume 55% of world tungsten, but produce only about 5%.
Click here to read the Deer Horn Metals Inc. (TSXV:DHM) press release.