International Analysis
Almonty Advances Tungsten Supply for DoD Mandate
March 20, 2026
Almonty Industries is progressing with the commissioning and planned expansion of its Sangdong Mine in South Korea to address the anticipated U.S. Department of Defense mandate effective in 2027, which requires sourcing specialty metals like tungsten from non-China suppliers. This strategic positioning aligns with the global tungsten supply chain realignment driven by geopolitical factors and rising prices, creating procurement opportunities for defense-related materials. Despite recent accounting losses, Almonty reports operational revenue growth and is advancing Phase 1 commissioning with plans for a significant Phase 2 expansion to meet increasing demand from defense and high-tech sectors.
- Why this matters: The DoD's 2027 mandate to source tungsten outside China is reshaping supply chains, increasing demand for reliable non-China producers like Almonty.
- Procurement professionals should evaluate emerging tungsten supply options from international sources such as South Korea to ensure compliance and supply chain resilience.
- Contractors and suppliers in defense and high-tech industries may find new opportunities linked to tungsten availability and expanded production capacity.
- This development signals a broader trend of diversification in critical mineral sourcing driven by U.S. defense policy and geopolitical considerations.
Agencies
U.S. Department of Defense, U.S. Development Finance Corporation
Vendors
Almonty Industries