RE: Tungsten OMG30 Mar 2026 10:20
Certainly is allthatguff. According to Claude AI:-
''This is very fresh news — just announced today! Here's what we know:
Greatland Resources' O'Callaghans deposit (Western Australia)
The resource totals 70 million tonnes at 0.35% tungsten trioxide (WO₃), alongside 0.30% copper, 0.57% zinc and 0.28% lead — positioning O'Callaghans as one of the largest high-grade tungsten deposits globally. Fastmarkets
How much actual tungsten is that?
At 0.35% WO₃ grade across 70Mt of ore:
Contained WO₃: ~245,000 tonnes
Contained tungsten metal: ~195,000 tonnes
That's over 2 years of entire global supply in one deposit.
What's it worth (in-ground, gross)?
At ~$55,000/tonne for tungsten powder:
~195,000 tonnes × $55,000 = roughly $10.7 billion gross''
Boom!