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FYI, Tungsten prices are quoted in metric ton units (MTUs) [1], which surprisingly aren't metric tons. They're actually 1% of a metric ton -- or 10kg. [2] So th
by noleary 7mo ago
FYI, Tungsten prices are quoted in metric ton units (MTUs) [1], which surprisingly aren't metric tons. They're actually 1% of a metric ton -- or 10kg. [2] So the price of Tungsten is actually 100x that.
[1] https://www.fastmarkets.com/metals-and-mining/minor-metals/tungsten-prices/ https://www.fastmarkets.com/metals-and-mining/minor-metals/t...
[2] https://quoteddata.com/glossary/mtu/ https://quoteddata.com/glossary/mtu/
- anigbrowl 7mo agoMy bad! Although I think at even $1 billion/year the US is probably not too worried about it for the time being. Thanks for schooling me on this!