Japan's Mitsubishi Materials taps Vietnam for tungsten as China alternative

What happened: Mitsubishi Materials has begun full-scale imports of recycled tungsten from Vietnam for carbide tools, aiming to sidestep Chinese export restrictions, Nikkei reports. Key numbers: No concrete figures were provided in the content. Why it matters: The recycled metal is a costlier source, forcing the carbide toolmaker to raise its prices.

Mitsubishi Materials has begun full-scale imports of recycled tungsten from Vietnam for carbide tools, aiming to sidestep Chinese export restrictions, Nikkei reports.

The recycled metal is a costlier source, forcing the carbide toolmaker to raise its prices.