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Guardian Metal Resources PLC Announces Novel Paper on Tungsten Needs for Nuclear Fusion
ACCESS Newswire · Guardian Metal Resources PLC

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Novel Paper Published on Tungsten Needs for Nuclear Fusion

Significant Future Tungsten Demand by Fusion Technology Confirmed

LONDON, UK / ACCESS Newswire / March 5, 2025 / Guardian Metal Resources plc (LON:GMET)(OTCQX:GMTLF), a strategic development and mineral exploration company focused on tungsten in Nevada, USA, is very pleased to announce the publication of a study titled 'Supply and Demand of Tungsten in a Fleet of Fusion Power Plants' in the Fusion Engineering and Design journal.

This study is the first scientific paper to directly quantify the amount of tungsten that is expected to be required in nuclear fusion technology in the context of a tungsten supply chain. The study predicts, in the scenarios analysed, if global tungsten production stays stagnant for the roll out of 500MWth and 2000MWth scale fusion reactors, the fusion industry will require 100% of global production by 2056 and the global tungsten production would need to grow by 10 to 16 times from its current level by the end of the century. For context, over its full 40-year lifespan, a single 2,000 MWth ARIES-ST reactor would need approximately 2.6 times the tungsten currently consumed in the U.S. every year for all use cases. The results strongly underpin the need for new mined sources of the metal to meet the growing future demand from fusion technology.

The study was co-funded partially by Guardian Metal with technical method and analysis conducted by the Company's partners Oxford Sigma Ltd ("Oxford Sigma"). Oxford Sigma is a Fusion Technology company with a vision to tackle energy security and climate change by accelerating the commercialisation of fusion energy. Their mission is to deliver materials technology, materials solutions, and fusion design services. Oxford Sigma aims to produce advanced materials technologies, agnostic to fusion approach, for the materials ecosystem. Their fusion core materials are engineered to enable longer term operations for fusion pilot plants, with the aim of roll out to the first-of-a-kind commercial power stations. Oxford Sigma is internationally recognised as a key fusion materials and technological leader.

Oliver Friesen, CEO of Guardian Metal, commented:

"The demand outlook for tungsten has significantly changed as of today and our investment case at Guardian Metal, as a leader in U.S.-focussed tungsten exploration and development, has grown much stronger. With billions of dollars being invested globally across the fusion space during just this year alone, we hope that the results of this study will serve as a wakeup call in regards to the supply chain implications - specifically for tungsten - posed by this ground breaking technology. Simply put, current global tungsten output is vastly insufficient to meet growing future demand from fusion technology and as a result, significant investment will be required across the entire tungsten supply chain.