According to data compiled by CTIA GROUP LTD from the United States Geological Survey, by the end of 2025, global tungsten reserves were approximately 4.7 million tons, an increase of 2.17% year-on-year, with the main growth coming from China and Vietnam. Among them, China has the largest tungsten reserves, reaching 2.5 million tons, accounting for 53.19% of the global total. In 2025, global tungsten production was approximately 85,000 tons, an increase of 3.66% year-on-year, with the main growth coming from Kazakhstan. China had the highest tungsten production at 67,000 tons, unchanged from 2024, accounting for 78.82% of the global total production; Kazakhstan's tungsten production was 2,400 tons, accounting for 2.82% of global production.