By Meg Flippin, Benzinga

DETROIT, MICHIGAN - December 17, 2025 (NEWMEDIAWIRE) - Lewis Black, CEO of Almonty Industries Inc. (Nasdaq: ALM), was recently a guest on Benzinga All Access.

Black discussed the surging demand for tungsten concentrate, a scarce metal that is used in a wide range of sectors. “The price of tungsten is higher in China than the West, which in all the years I’ve done this, I’ve never seen happen before and it wasn’t just a one off, it's been like this for seven months,” Black told Benzinga during the interview.

Black said the demand is being driven by the defense industry, semiconductor companies and with interest rates now dropping, the car sector. While the supply/demand situation may seem “chaotic” for those looking in from the outside, the CEO said the situation is "fantastic" for Almonty.

Watch the full interview here:

https://www.youtube.com/watch?v=CfcQnPN8WQ4

Featured image from Shutterstock

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

This content was originally published on Benzinga. Read further disclosures here.

View the original release on www.newmediawire.com

This contant was orignally distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Tungsten Concentrate Is In Demand And It's Not Just From The West; Almonty Industries CEO Explains.