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2. März 26, 18:11 UTC1. Apr. 27, 18:10 UTC
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Resolves YES if Sangdong mine's reported tungsten mine production accounts for more than 20% of the total global tungsten mine supply excluding China on April 1, 2027.
- Resolution will rely on authoritative production data from Almonty Industries' official reports and USGS Mineral Commodity Summaries or equivalent industry publications available closest to the settlement date.
- Given Sangdong's commercial production start in early 2026 and its target to supply a substantial share of non-Chinese tungsten, this threshold reflects a critical milestone for supply chain diversification away from China.
- Only primary mine production counts; recycled tungsten or refined APT volumes do not count towards this metric.
- The capacity of Sangdong to significantly alter the non-Chinese tungsten supply landscape is critical for market balance.
- Source: Article
