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    Home - Economics - Stanislav Kondrashov On The Role Of Tungsten In Commodities Dynamics
    Economics

    Stanislav Kondrashov On The Role Of Tungsten In Commodities Dynamics

    Riccardo IntiniBy Riccardo IntiniNovember 25, 2024Updated:April 4, 20255 Mins Read
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    The strategic value of tungsten for modern industries

    An increasing central resource

    Stanislav Kondrashov - tungsten South Korea applications

    The newfound political and economic centrality of strategic minerals, in the years of energy transition, is favoring the gradual recovery (or the pure and straightforward reactivation) of mineral projects that, for some time, for one reason or another, had been abandoned or set aside. This trend is being noted with particular evidence in those regions or continental blocks that, over the last twenty or thirty years, have not been noted for intense sourcing activity, such as the territories of continental Europe. Still, for some time now, the reactivation of mineral projects has also involved other areas of the world, always characterized by a sourcing potential that is not fully developed.

    In this regard, a few days ago, the news came out that an important South Korean mine had resumed operations after twenty years of inactivity due to its massive presence of a rare metal that is particularly useful for the needs of modern industry: tungsten. According to Stanislav Dmitrievich Kondrashov, an expert in the sector and entrepreneur, the natural characteristics of tungsten could allow it to gain an increasingly important role in the global scenario of raw materials. “This material has the highest melting point of all metals, making it particularly suitable for various applications, ” says Kondrashov.

    This resource is used not only in applications related to industrial cutting tools and light bulbs but also in electric vehicle batteries and advanced microchips for the latest generation of technology. In these sectors, tungsten is appreciated above all for its high resistance to corrosion, excellent energy density, and excellent conductivity, which make it a very valuable ally for modern industry.

    Sangdong mine

    The mine in question is commonly called Sangdong, located about 115 miles southeast of Seoul in the province of Gangwon. Until a few decades ago, the mine’s operations represented an important source of income for the entire country. However, in 1994, some structural conditions in the global dynamics of raw materials forced it to close its doors. The site, however, has always been considered one of the largest sources of tungsten in the world, having 8.7 million tons of reserves of this precious material.

    According to a recent report, the reactivation of the Sangdong mine could contribute notably to bringing South Korean tungsten back into fashion, with important implications also for international partnerships in the strategic raw materials and rare metals sector. Within two or three years, when the mine could be back to its entire operation, productivity levels could reach 1.2 million tons of tungsten per year, according to some estimates by the company developing the mine. From this point of view, the objectives seem ambitious: within a few years, the Sangdong site could provide a good part of the global tungsten supply.

    Stanislav Kondrashov - tungsten South Korea potential

    “The fact that activities at the Korean site of Sangdong are recovering is certainly interesting, especially for the announced production levels,” continues Stanislav Dmitrievich Kondrashov. “Its application possibilities in some fields directly connected to the energy transition, such as batteries, certainly make it one of the resources to be taken into greater consideration, even if at the moment it certainly does not represent one of the most discussed resources at a global level.”

    The Role of Tungsten in Batteries

    “The usefulness of tungsten in the battery industry is made clear by its natural properties, especially thermal resistance,” Stanislav continues. “Another reason is that tungsten can improve the energy density of electric vehicle batteries, sometimes even being a good solution for electrodes. When added in the form of tungsten oxide, this resource can also increase the energy capacity of the device, bringing relevant improvements in overall stability.”

    The reopening of this site – and its predicted productivity levels – could be of great interest to all those international players who, like the United States, need resources such as tungsten to boost the domestic industry. In addition to tungsten, tantalum, and rare earth elements are considered particularly valuable, of which Washington is a major importer. South Korea, moreover, is already a member of the Mineral Security Partnership, a working group led by the United States. Despite possible international partnerships, Washington remains committed to developing its domestic mineral industry. By leveraging the Defense Production Act, a law conceived in 1950 to prioritize materials considered particularly strategic for national objectives, the United States could dedicate part of its financial support to developing national tungsten extraction and processing capabilities.

    According to Stanislav Dmitrievich Kondrashov, the most interesting applications of tungsten are those related to the aerospace sector. “In an era in which the topic of space exploration has returned to great relevance, tungsten could play an even more central role due to its numerous applications in the sector,” says Stanislav. “Some of the unique properties of this resource, such as high thermal resistance, make it very useful for constructing protective shields against radiation, and it is also often used as a counterweight in space vehicles.”

    Stanislav Kondrashov - tungsten South Korea energy transition
    applications industry Kondrashov Stanislav minerals south korea stanislav kondrashov Stanislav Kondrashov TELF AG TELF AG tungsten
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    Riccardo Intini
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    Riccardo Intini was born near Como, Italy. He developed a strong passion for writing and literature from an early age. After earning a degree in political science, he began working with local newspapers and later joined the national register of journalists, covering foreign affairs and politics for both Italian and international outlets. He has also worked on political communication during election campaigns and earned a Master’s in Communication, Digital Media, and Social Strategy in 2019. Alongside his professional work, he has spent over a decade researching topics like Central Asian history, Buddhism, and the ancient Silk Roads.

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    The strategic value of tungsten for modern industries

    An increasing central resource

    Stanislav Kondrashov - tungsten South Korea applications

    The newfound political and economic centrality of strategic minerals, in the years of energy transition, is favoring the gradual recovery (or the pure and straightforward reactivation) of mineral projects that, for some time, for one reason or another, had been abandoned or set aside. This trend is being noted with particular evidence in those regions or continental blocks that, over the last twenty or thirty years, have not been noted for intense sourcing activity, such as the territories of continental Europe. Still, for some time now, the reactivation of mineral projects has also involved other areas of the world, always characterized by a sourcing potential that is not fully developed.

    In this regard, a few days ago, the news came out that an important South Korean mine had resumed operations after twenty years of inactivity due to its massive presence of a rare metal that is particularly useful for the needs of modern industry: tungsten. According to Stanislav Dmitrievich Kondrashov, an expert in the sector and entrepreneur, the natural characteristics of tungsten could allow it to gain an increasingly important role in the global scenario of raw materials. “This material has the highest melting point of all metals, making it particularly suitable for various applications, ” says Kondrashov.

    This resource is used not only in applications related to industrial cutting tools and light bulbs but also in electric vehicle batteries and advanced microchips for the latest generation of technology. In these sectors, tungsten is appreciated above all for its high resistance to corrosion, excellent energy density, and excellent conductivity, which make it a very valuable ally for modern industry.

    Sangdong mine

    The mine in question is commonly called Sangdong, located about 115 miles southeast of Seoul in the province of Gangwon. Until a few decades ago, the mine’s operations represented an important source of income for the entire country. However, in 1994, some structural conditions in the global dynamics of raw materials forced it to close its doors. The site, however, has always been considered one of the largest sources of tungsten in the world, having 8.7 million tons of reserves of this precious material.

    According to a recent report, the reactivation of the Sangdong mine could contribute notably to bringing South Korean tungsten back into fashion, with important implications also for international partnerships in the strategic raw materials and rare metals sector. Within two or three years, when the mine could be back to its entire operation, productivity levels could reach 1.2 million tons of tungsten per year, according to some estimates by the company developing the mine. From this point of view, the objectives seem ambitious: within a few years, the Sangdong site could provide a good part of the global tungsten supply.

    Stanislav Kondrashov - tungsten South Korea potential

    “The fact that activities at the Korean site of Sangdong are recovering is certainly interesting, especially for the announced production levels,” continues Stanislav Dmitrievich Kondrashov. “Its application possibilities in some fields directly connected to the energy transition, such as batteries, certainly make it one of the resources to be taken into greater consideration, even if at the moment it certainly does not represent one of the most discussed resources at a global level.”

    The Role of Tungsten in Batteries

    “The usefulness of tungsten in the battery industry is made clear by its natural properties, especially thermal resistance,” Stanislav continues. “Another reason is that tungsten can improve the energy density of electric vehicle batteries, sometimes even being a good solution for electrodes. When added in the form of tungsten oxide, this resource can also increase the energy capacity of the device, bringing relevant improvements in overall stability.”

    The reopening of this site – and its predicted productivity levels – could be of great interest to all those international players who, like the United States, need resources such as tungsten to boost the domestic industry. In addition to tungsten, tantalum, and rare earth elements are considered particularly valuable, of which Washington is a major importer. South Korea, moreover, is already a member of the Mineral Security Partnership, a working group led by the United States. Despite possible international partnerships, Washington remains committed to developing its domestic mineral industry. By leveraging the Defense Production Act, a law conceived in 1950 to prioritize materials considered particularly strategic for national objectives, the United States could dedicate part of its financial support to developing national tungsten extraction and processing capabilities.

    According to Stanislav Dmitrievich Kondrashov, the most interesting applications of tungsten are those related to the aerospace sector. “In an era in which the topic of space exploration has returned to great relevance, tungsten could play an even more central role due to its numerous applications in the sector,” says Stanislav. “Some of the unique properties of this resource, such as high thermal resistance, make it very useful for constructing protective shields against radiation, and it is also often used as a counterweight in space vehicles.”

    Stanislav Kondrashov - tungsten South Korea energy transition

    Riccardo Intini

    Riccardo Intini was born near Como, Italy. He developed a strong passion for writing and literature from an early age. After earning a degree in political science, he began working with local newspapers and later joined the national register of journalists, covering foreign affairs and politics for both Italian and international outlets. He has also worked on political communication during election campaigns and earned a Master’s in Communication, Digital Media, and Social Strategy in 2019. Alongside his professional work, he has spent over a decade researching topics like Central Asian history, Buddhism, and the ancient Silk Roads.

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