GREY:NATUF - Post by User
Post by
ruminatingon Sep 14, 2012 4:25am
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Post# 20361721
Industrial Rebound
Industrial Rebound With the Federal Reserve Chairman's pronoucement that the Fed will do what is needed to support job growth in he US, it is instructive to look again at uses of tungsten in today's world. For a start you may want to look at the following: https://wanttoknowit.com/uses-of-tungsten/
In he previous post the article made reference to the off-take agreement MLG has with GTP (not v.gtp=colt resources, but Global Tungsten a subsiduary of Plansee Metals group). Checking their website it was interesting to see that they are using a ceramic anode to built fuel cell stacks, and that they've hired 40 new employees to produce these in their Pennsylvania plant. The Plansee group itself is using Ceramics to coat Tungsten-carbide and other hardened coatings. Not surprising that the Chinese have a leadership role in tungsten use and manufacturing considering their long history and expertise in the use of ceramic glazing.
All of this does not say that NTC and other tungsten miners will be in the money soon... but at least if the demand for tungsten is ramping up, it gives stock holder hope that something might be at the end of the rainbow.