Tungsten

Planned and under-construction tungsten projects with a publicly announced capital cost, public financial backing, or both. Each line is one statement by the named publisher on the given date; the atlas adds nothing to it.

• MactungPlannedMine

  Fireweed Metals Corp. · Macmillan Pass, Yukon Territory · Canada · Tungsten

  “commencing a Feasibility Study” · status as printed on 2025-11-24Fireweed Metals Corp.

  Announced capital cost

  No announced capital cost was read.

  Public backing

  • USD 15.8 MGrant · “awarded” · 2024-12-13Fireweed Metals Corp.

    U.S. Department of Defense (Defense Production Act Title III)

    The publisher's words: “Fireweed has been awarded US$15.8M (~C$22.5 M) from the U.S. Department of Defense under Title III of the Defense Production Act of 1950”

• Tungsten West (Hemerdon tungsten and tin mine)Under constructionMine

  Tungsten West PLC · Devon · United Kingdom · Tungsten

  “Construction is underway” · status as printed on 2026-11-13Tungsten West

  Announced capital cost

  No announced capital cost was read.

  Public backing

  • no amount statedStrategic project status · “recognised as Strategic Project in a third country (Commission Decision C(2025) 3491, annex item 12)” · 2025-06-04European Commission

    European Commission

    The publisher's words: “Tungsten West is an ongoing extraction project in the United Kingdom. The project promoted by Tungsten West PLC”

  • GBP 36 MEquity · “has announced an investment” · 2026-08-25National Wealth Fund

    National Wealth Fund (United Kingdom)

    The publisher's words: “The financing consists of a £36 million equity investment alongside up to £35 million of lending”

  • GBP 35 MLoan · “has announced an investment (up to £35 million of lending)” · 2026-08-25National Wealth Fund

    National Wealth Fund (United Kingdom)

    The publisher's words: “The financing consists of a £36 million equity investment alongside up to £35 million of lending”

A short, hand-read list, not a census: 19 projects in all. Announced amounts are not spending, a letter of interest or a conditional commitment is not a loan, and amounts stay in the currency of the announcement.

Stockpiles, price floors, offtake and purchasing programmes and public funds whose source names tungsten, and general critical-minerals instruments (marked). Each is one statement by its publisher.

1. 2024-05-23in force from · European UnionJoint purchasingin forceOfficial Journal of the European Union

   The Critical Raw Materials Act obliges the Commission to run a demand-aggregation and joint-purchasing system for strategic raw materials and to set a benchmark for strategic stocks.

   Covers: “strategic raw materials” · Materials: Cobalt, Copper, Gallium, Germanium, Lithium, Graphite, Nickel, Rare earths, Tungsten

   The publisher's words: “The Commission shall set up and operate a system to aggregate the demand of interested undertakings consuming strategic raw materials established in the Union”

   2 further statements from the source

   joint negotiation of purchases allowed (Article 25(5))Official Journal of the European Union

   The publisher's words: “may, on a transparent basis, jointly negotiate the purchase, including the prices or other terms and conditions of the purchasing agreement”

   coordination of strategic stocks (Article 23)Official Journal of the European Union

   The publisher's words: “shall adopt a benchmark indicating a safe level of Union strategic stocks of strategic raw materials”

2. 2024-08-29published · United StatesStockpileannouncedFederal Register

   Federal Register notice seeking comments on the proposed fiscal year 2026 plan for National Defense Stockpile acquisitions, including antimony, tungsten and neodymium-praseodymium oxide.

   Covers: “Proposed Fiscal Year 2026 Annual Materials Plan (potential acquisitions, conversions and disposals of the National Defense Stockpile)” · Materials: Antimony, Tungsten, Rare earths

   The publisher's words: “is seeking public comments on the potential market impact of proposed changes to the Fiscal Year (FY) 2026 Annual Materials Plan (AMP)”

   4 further statements from the source

   potential acquisition: antimony, 700 metric tonsFederal Register

   The publisher's words: “Antimony....................................... MT............................... 700”

   potential acquisition: tungsten, 587,000 lbs WFederal Register

   The publisher's words: “Tungsten....................................... Lbs W............................ 587,000”

   potential acquisition: NdPr oxide, 300 metric tonsFederal Register

   The publisher's words: “Neodymium-Praseodymium Oxide................... MT............................... 300”

   nature of the stockpileFederal Register

   The publisher's words: “The NDS is a strategic stockpile, not an economic stockpile. It is not intended to influence prices in the market”

3. 2025-06-17announced · G7Other supportannouncedPrime Minister of Canada

   G7 leaders launched a Critical Minerals Action Plan with a roadmap for standards-based markets and a call for more public and private capital for critical minerals projects.

   Covers: “critical minerals”

   critical minerals in general; the source does not name tungsten

   The publisher's words: “We will develop a roadmap to promote standards-based markets for critical minerals”

   3 further statements from the source

   launch of the planPrime Minister of Canada

   The publisher's words: “We are launching a G7 Critical Minerals Action Plan”

   roadmap contentPrime Minister of Canada

   The publisher's words: “The roadmap will establish a set of criteria that constitute a minimum threshold for standards-based markets”

   capital mobilisationPrime Minister of Canada

   The publisher's words: “We encourage our export credit agencies and development finance institutions (DFIs) to identify more opportunities for collaboration”

4. 2025-11-04published · CanadaFundannouncedDepartment of Finance Canada

   Budget 2025 proposes a Critical Minerals Sovereign Fund at Natural Resources Canada for equity investments, loan guarantees and offtake agreements, and a First and Last Mile Fund.

   CAD 2 bn · “$2 billion over five years, on a cash basis, starting in 2026-27”

   Covers: “critical minerals projects and companies”

   critical minerals in general; the source does not name tungsten

   The publisher's words: “provide $2 billion over five years, on a cash basis, starting in 2026-27, to Natural Resources Canada to create the Critical Minerals Sovereign Fund”

   3 further statements from the source

   tools of the fundDepartment of Finance Canada

   The publisher's words: “including equity investments, loan guarantees, and offtake agreements”

   First and Last Mile FundDepartment of Finance Canada

   The publisher's words: “provide $371.8 million over four years, starting in 2026-27, to Natural Resources Canada to create the First and Last Mile Fund”

   absorbs the Critical Minerals Infrastructure FundDepartment of Finance Canada

   The publisher's words: “would absorb the Critical Minerals Infrastructure Fund and leverage its existing funding envelope to provide up to $1.5 billion in support through 2029-30”

5. 2025-11-22published · United KingdomFundannouncedDepartment for Business and Trade

   The UK critical minerals strategy Vision 2035 announces public funding for critical mineral projects and says stockpiling through procurement will be considered for the defence sector.

   GBP 50 M · “up to £50 million”

   Covers: “critical mineral projects in the UK”

   critical minerals in general; the source does not name tungsten

   The publisher's words: “funding of up to £50 million will be made available by DBT to support critical mineral projects”

   2 further statements from the source

   stockpiling under considerationDepartment for Business and Trade

   The publisher's words: “Measures could include stockpiling, including through procurement mechanisms”

   later programme page (published 22 June 2026): grant shareDepartment for Business and Trade

   The publisher's words: “with £45 million of this available as grant funding”

6. 2026-01-14signed · United StatesPrice floorannouncedThe White House

   Presidential proclamation under section 232 directing negotiations on imports of processed critical minerals, in which price floors for trade in critical minerals are to be considered.

   Covers: “processed critical minerals and their derivative products (PCMDPs)”

   critical minerals in general; the source does not name tungsten

   The publisher's words: “the Secretary and the Trade Representative should consider price floors for trade in critical minerals and other trade-restricting measures”

7. 2026-02-02announced · United StatesStockpileannouncedExport-Import Bank of the United States

   The Export-Import Bank approved a direct loan for Project Vault, a public-private partnership that is to establish a U.S. Strategic Critical Minerals Reserve storing raw materials for manufacturers.

   USD 10 bn · “a Direct Loan of up to $10 billion”

   Covers: “essential raw materials”

   critical minerals in general; the source does not name tungsten

   The publisher's words: “the EXIM Board of Directors approved a Direct Loan of up to $10 billion to Project Vault”

   4 further statements from the source

   what it establishesExport-Import Bank of the United States

   The publisher's words: “a supply chain security initiative establishing the U.S. Strategic Critical Minerals Reserve”

   storageExport-Import Bank of the United States

   The publisher's words: “that will store essential raw materials in facilities across the United States”

   borrower structureExport-Import Bank of the United States

   The publisher's words: “providing long-term financing to a partnership between original equipment manufacturers and private sector capital providers”

   later EXIM release of May 4, 2026 restating the loanExport-Import Bank of the United States

   The publisher's words: “The transaction includes a direct loan of up to $10 billion”

There is no open price series for tungsten, so these instruments are listed without a chart.