Long Shortz with Red Mountain Mining: Big tungsten country in Montana

Red Mountain Mining (ASX:RMX) director Nic Matich joins Tylah Tully on Stockhead TV after RMX announced its intention to acquire a new tungsten project in Montana.

RMX signed an exclusive option agreement over the Pioneer tungsten project last week, signalling a continuation in its strategy of acquiring critical mineral projects across Australia and the US.

The Pioneer project encompasses 2000 hectares and sits adjacent to the multibillion-dollar market-capped Almonty Industries’ (ASX:AII) Gentung tungsten deposit – which hosts a resource of 6.83Mt at 0.315% tungsten trioxide.

Tungsten is also increasingly in demand for both its civil and defence uses.

Tune in to hear all the details.

This video was developed in collaboration with Red Mountain Mining, a Stockhead client at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.