The Conversation (0)
Tungsten Investing News reports despite market fluctuations and the global recession, price of tungsten remained stable. In 2004, tungsten was worth $60 per kilo, and now it oscillates around $260 per kilo. Tungsten’s value is due to its exceptional properties. Tungsten has a high melting point that makes it useful for filaments in incandescent lights, …
Tungsten Investing News reports despite market fluctuations and the global recession, price of tungsten remained stable.
In 2004, tungsten was worth $60 per kilo, and now it oscillates around $260 per kilo. Tungsten’s value is due to its exceptional properties. Tungsten has a high melting point that makes it useful for filaments in incandescent lights, a near-diamond hardness that makes it valuable for the manufacture of high-grade drill bits and saw blades, and a density higher than lead, without lead’s toxicity.
For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.