Cove Kaz Capital takes majority stake in Kazakhstan tungsten venture, reducing US reliance on China | Fox Business Video

Cove Kaz Capital takes majority stake in Kazakhstan tungsten venture, reducing US reliance on China | Fox Business Video

Cove Kaz Capital Executive Chairman Pini Althaus details the strategic importance of tungsten. He reveals the US military’s critical dependence on China for over 80% of its tungsten supply. The new Kazakhstan project, a joint venture, aims to secure a non-Chinese source, leveraging 20% of global reserves. This initiative will supply the United States for over 50 years, enhancing national security and reducing adversary reliance.

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