American Tungsten Corp, a company listed on the Canadian National Stock Exchange, has recently announced a strategic partnership with Viking Mines. This collaboration marks a significant step in American Tungsten’s efforts to expand its footprint in the critical minerals sector, particularly focusing on tungsten, a metal essential for various industrial applications.
Under the terms of the partnership, American Tungsten Corp will invest a modest amount and provide in-country technical services to support Viking Mines’ acquisition of a portfolio of high-grade tungsten projects located in Nevada. This portfolio includes six proven tungsten mines, with the historically productive Linka Project being a notable highlight. The Linka Project has a well-documented history of productivity, making it a valuable asset in Viking Mines’ acquisition strategy.
The strategic partnership is designed to bolster the development of critical mineral resources within the United States. By leveraging American Tungsten’s expertise and resources, the collaboration aims to enhance the operational capabilities of Viking Mines, thereby accelerating the development and production of tungsten. This initiative is particularly timely, given the increasing global demand for tungsten, which is used in a wide range of applications, including electronics, aerospace, and military technologies.
Furthermore, the partnership could potentially open pathways for government support, as the development of critical mineral resources aligns with national interests in securing supply chains and reducing dependency on foreign sources. This aspect of the deal underscores the strategic importance of the collaboration, not only for the companies involved but also for broader economic and national security considerations.
American Tungsten Corp’s involvement in this partnership aligns with its broader focus on metal exploration and development. The company’s strategic move into the tungsten sector reinforces its presence in the critical minerals market, a sector that is gaining increasing attention due to its importance in modern technology and industry.
Financially, American Tungsten Corp is listed on the Canadian National Stock Exchange with a market capitalization of 67,936,776 CAD. As of December 17, 2025, the company’s close price was 1.4 CAD, with a 52-week high of 4.9 CAD on October 13, 2025, and a 52-week low of 0.47 CAD on June 26, 2025. The company’s price-to-earnings ratio stands at -3.71, reflecting its current financial performance and market valuation.
In summary, the strategic partnership between American Tungsten Corp and Viking Mines represents a significant development in the critical minerals sector. By investing in and supporting the acquisition of high-grade tungsten projects in Nevada, American Tungsten is positioning itself to play a pivotal role in the development of essential mineral resources in the United States. This collaboration not only enhances American Tungsten’s strategic focus on metal exploration and development but also aligns with broader economic and national security objectives.