As of 2025, the global tungsten market is projected to experience significant growth. Estimates suggest that the market size will reach approximately USD $5.5 billion in 2024 and is expected to expand to well over USD $10 billion by 2032, reflecting a compound annual growth rate (CAGR) of 8% during the forecast period. ​ Several key developments are influencing the tungsten industry:​

Geopolitical Factors Are Driving the Growth

• ~50% of the world’s known tungsten reserves are in China, which also accounts for 84% of global mine production. Currently, there is no North American supply.
• Resource nationalism from China and Russia could remove 87% of the world’s tungsten supply from the market, posing a significant risk to global supply chains.
• The United States enacted the Reeshare Act, which prohibits the use of Chinese tungsten in U.S. military equipment by 2027.
• The U.S. has not produced tungsten domestically since 2015 and now policymakers in Washington, D.C., are scrambling to secure supply from friendly trade partners.

Allied Critical Metals Inc (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0) is a mining exploration and development company dedicated to unlocking the potential of two historically significant tungsten (WO₃) mining projects in northern Portugal: Borralha and Vila Verde. The company focuses on the responsible extraction of critical minerals essential for industrial applications, defense technologies, and the global energy transition.

The Borralha and Vila Verde projects are located in northern Portugal, a region known for its rich mineral resources and mining heritage. Both projects were historically significant tungsten-producing sites, and Allied Critical Metals Inc (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0) is committed to revitalizing these assets using modern mining techniques, innovative exploration strategies, and sustainable practices. By leveraging state-of-the-art technology and responsible environmental management, the company aims to become a leading supplier of tungsten, a key material in high-performance alloys, electronics, and cutting tools.

Allied Critical Metals Inc (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0) adheres to stringent environmental and social governance (ESG) principles, ensuring that its mining operations contribute positively to local communities and minimize ecological impact. The company works closely with stakeholders, government agencies, and local communities to foster economic development and long-term sustainability.

By focusing on critical mineral development, Allied Critical Metals Inc (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0) will once again play an essential role in supporting global supply chains and advancing resource security. With a commitment to operational excellence and sustainability, the company aims to position itself as a strategic player in the international tungsten market, meeting the growing demand for high-quality, responsibly sourced minerals.

Unlock the Potential of Allied Critical Metals (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0): High-Value Tungsten Projects in Portugal

Are you ready to explore a rare opportunity in the world of critical minerals? Allied Critical Minerals Inc (CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0) is your ticket to unlocking value from two historically significant tungsten mining projects located in northern Portugal , one of Europe’s most mining-friendly regions. With near-term production potential, exceptional infrastructure, and a highly experienced team, this is an opportunity you won’t want to miss.

Low Drilling Costs

Our focus is on two premier tungsten projects—Borralha and Vila Verde —both strategically positioned for rapid advancement. These assets offer a unique blend of historical significance, advanced exploration data, and untapped upside. Let’s dive into what makes them so compelling.