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A few years ago, hardly anyone was talking about tungsten.
Then China tightened supply. Benchmark tungsten prices shot up roughly 900%.
And Almonty Industries, then an early-stage company, went from trading below $1 to more than $24 per share.
Today, the tungsten producer is valued at roughly $5 billion.
Now another tungsten story is beginning to emerge.
Skyline Builders Group (NASDAQ: KAZR) is combining with the company advancing Severniy Katpar, one of the world's largest undeveloped tungsten resources.
The numbers are hard to ignore:
- ~15% of current global tungsten production.
- 50+ year projected mine life.
- Up to $1.6 billion in indicative U.S. government financing interest.
- And stated customer interest already 38% above planned production.
With work now underway at Severniy Katpar, the project is moving toward its next major milestones.
See What's Next for KAZR →
Tomorrow Investor
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