This is a Canada news story, published by CNBC, that relates primarily to The Sangdong Mine news.
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domestic miningCNBC
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78% Informative
The Sangdong Mine , owned by a subsidiary of Canada -based Almonty Industries , is set to resume operations this year .
Tungsten is an extremely hard metal used for making weapons, semiconductors and industrial cutting machines.
With China dominating over 80% of the metal's supply chain, the mine could potentially produce 50% of rest of the world's supply.
The U.S. has not commercially mined tungsten since 2015 , according to a government report.
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