Pentagon acquires near-20% stake in US tungsten producer in $450M deal to cut China dependence

NewsMon, 14 Sep 2026 19:44:38 UTC1 hour ago
Pentagon acquires near-20% stake in US tungsten producer in $450M deal to cut China dependence

The Pentagon's investment in domestic tungsten production reduces reliance on China, bolstering national security and creating US jobs.

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