Season 2024 Episode 513
China currently dominates global tungsten production and has banned exports to North America. With no domestic producers of this critical metal, the United States faces a significant supply chain gap. Demesne Resources (CSE: DEME | OTCQB: DEMRF) is stepping up to bridge this gap, aiming to become North America's leading tungsten supplier and address the U.S. defense sector's supply chain vulnerability.
We are joined by Demesne Resources CEO Murray Nye, who discusses his company’s strategic position in meeting U.S. tungsten demand. He also shares insights on the readiness and potential of their flagship Idaho-based IMA Mine—a past-producing tungsten and molybdenum project—to support critical industries such as defense. Additionally, he highlights the Star Project, Demesne’s iron ore asset in northwest British Columbia’s prolific Skeena Mining Division.
Discover more about North America’s potential future tungsten producer: https://demesneresources.com/
Watch the full YouTube interview here: https://www.youtube.com/watch?v=LoDMdNARRt0
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Published on 1 year ago
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