Tungsten Prices Jump 500% to $1,775/MTU as Miners Including Taseko Secure Supply
Tungsten prices have climbed fivefold over the past year to around $1,775 per metric tonne unit after Chinese exports fell to near zero. Taseko Mines is listed among Western miners seeking to secure critical mineral supplies as global underinvestment raises shortage risks.
1. Tungsten Price Surge
Over the past year, tungsten prices have soared from around $355 to nearly $1,775 per metric tonne unit as Chinese exports dropped to near zero in late 2025, driven by underinvestment and export restrictions that tighten global supply.
2. Taseko Mines' Strategic Position
Taseko Mines is identified among Western mining firms racing to secure critical mineral resources, positioning itself alongside peers to explore potential tungsten and related base metal opportunities that could mitigate future supply deficits and support project development.