IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART II OF X Overview of Russia’s Tungsten Resources and the Relationship with China Tungsten Industry When it comes to Russia, my first thought word is “vast territory and abundant resources”. As the world’s largest country, Russia has 17 million square kilometers of territory across Euro and Asia, facing the Americas across the Bering Strait in the northeast and the Arctic in the north. Although 60% of Russia’s territory belongs to…

IMPACTS OF RUSSIA-UKRAINE CONFLICT ON TUNGSTEN MARKET & PRICE PART I OF X Brief Introduction to the Conflict between Russia & Ukraine and the Military Use of Tungsten 1. Russia Ukraine Conflict 1.1 The Black Swan Nature of Russia Ukraine Conflict and Sanctions Not long ago, when the new year 2022 was coming, many research institutions, experts and professional scholars around the world predicted the “Black Swan” event in 2022, most of which focused on the adjustment of China-US relations…