Tungsten is mostly used in artillery, tank shells, it will take some time to ramp up which makes me think the timing is peculiar along with the happenings in Europe.

I see some people are saying it's a win for Australia but I'd say its a bit of a mixed bag given their dependence on China's liquidity. The major question here is are Australians willing to accept a return to the Hawke days for moral solidarity with a continent far away that barely acknowledges or trades at the level it does with Asian giants like China?