This Mine Predicts Major Wars. It's Opening Again

throw0101d•about 1 hour ago

Bloomberg's Odd Lots interivew on this with the author, "The Tungsten Market Is Warning of an Upcoming War":

* https://www.youtube.com/watch?v=5xLxM-TzBPY

* https://omny.fm/shows/odd-lots/the-tungsten-market-is-warnin...

* https://podcasts.apple.com/us/podcast/the-tungsten-market-is...

Ccecil•about 1 hour ago

A company local makes mining trucks [1].

At one event I was at I spoke with someone who was tied into the company and they said that when wars happen their business picks up because copper mining starts back up. War apparently needs a lot of copper too. I never looked into it to verify but it seemed like an interesting bit of data.

[1] https://gfworldwide.com/

morkalork•26 minutes ago

Nickel mining also

thisisauserid•about 1 hour ago

Dolphin tungsten mine in Australia.

nphardon•about 1 hour ago

If you look at antiwar.com, we seem to be in the throes of World War.

badc0ffee•28 minutes ago

Major W for Australia.

lightedman•about 1 hour ago

Not only is it opening up but several other large scale projects are already being considered in the USA, including one in Atolia, California that I have been privileged enough to personally visit.

Watch the markets for the metals most used in wartime. That tells you pretty quickly when conflict is near.

jgilias•about 1 hour ago

I wonder if there’s path dependence there. It _seems_ like just because you build up lots of “defence” tech that doesn’t necessarily mean you _have_ to use it? Or does it? I wonder what happened with those markets during the Cold War.

edoceo•38 minutes ago

Maybe it's also for USA to rebuild supply? That is, if you believe the "US spent too many missiles in Iran" stories.

mcmcmc•7 minutes ago

[delayed]

galangalalgol•24 minutes ago

"αὐτὸς γὰρ ἐφέλκεται ἄνδρα σίδηρος." And the movie having just come out.

zuzululu•about 1 hour ago

Tungsten is mostly used in artillery, tank shells, it will take some time to ramp up which makes me think the timing is peculiar along with the happenings in Europe.

anon48293•17 minutes ago

Why is it peculiar? Ukraine needs a lot of ammo and the EU is massively ramping up production

zuzululu•5 minutes ago

Ukraine is a lost cause at this point and EU doesn't want the war to continue as it is and Russia wants an exit as well.

The bigger conflict seems to point to baltic states that would draw in NATO and thats the one that EU seems to be preparing for.

The ramp up will take far longer and Ukraine probably will not be a sovereign nation by the time its ready. For Russia's perspective, a regime change is their ultimate goal, not territory. Once the corridor is secure they are likely to turn to Latvia, Estonia, Lithuania.

This Mine Predicts Major Wars. It's Opening Again

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