Allied Critical Metals Inc. has announced significant high-grade tungsten intercepts from ongoing drilling at its Borralha Tungsten Project in northern Portugal, reinforcing its position in the global critical metals market. The results highlight the potential of Borralha as a key industrial metals source for Europe and North America, supporting growing demand in advanced technology and defense applications.
Borralha Project Delivers Promising Tungsten Grades
Recent drilling focused on the Santa Helena Breccia (SHB) zone, a major tungsten mineralization corridor within the Borralha deposit. Step-out and infill drilling confirmed continuity of high-grade tungsten, with results indicating potential extensions beyond the historical resource.
According to CEO Roy Bonnell, “These results validate the existing resource model while revealing new high-grade zones that could significantly enhance the Borralha project.”
Borralha is a historic brownfield mining site with past production and current indicated and inferred resources totaling over 12 million tonnes at 0.20–0.22% WO₃, with valuable copper and silver credits supporting economic feasibility.
Strategic Drilling Supports Resource Expansion
Allied’s drilling campaign combines step-out and infill strategies to confirm grade continuity, refine mineralized zones, and identify potential extensions. The SHB breccia pipe system remains only partially drilled, offering substantial upside potential for tungsten, copper, and silver extraction.
Global Tungsten Market Dynamics
The global tungsten market faces tight supply, rising demand, and shifting trade dynamics. Prices for high-grade tungsten concentrates remain resilient, driven by industrial demand across aerospace, defense, automotive, electronics, and semiconductor sectors. Ammonium paratungstate (APT) pricing reflects tightening supply chains and heightened strategic importance of tungsten for technology applications.
Analysts highlight tungsten’s increasing use in high-precision manufacturing, electric vehicles, and aerospace components. Tungsten carbide continues to be a high-growth segment due to its performance in extreme industrial conditions. Borralha’s high-grade tungsten positions Allied to serve critical industrial metals supply chains in Europe and North America.
Development Milestones and Economic Outlook
Allied is advancing Borralha toward production with key upcoming milestones. An updated Mineral Resource Estimate (MRE) will incorporate the latest drilling results, validating both grade and lateral extensions. A Preliminary Economic Assessment (PEA) will provide a first economic overview of the project based on new metallurgical work and drilling data.
Permitting progress includes bulk sampling authorization and ongoing Environmental Impact Assessment (EIA) review, aligning with plans for a one-million-tonne-per-year production facility.
Strategic Partnerships and Supply Chain Security
Allied has signed a letter of intent with Global Tungsten & Powders in the United States for a future offtake agreement, strengthening tungsten supply chain security amid increasing restrictions on Chinese imports. The company continues engaging with defense and manufacturing sectors, providing traceable critical metals for high-tech applications.
Ownership, Market Momentum, and Outlook
Allied Critical Metals has a balanced shareholder base with insider, institutional, and retail investors. Early market activity shows upward momentum, reflecting confidence in Borralha’s potential and Europe’s demand for secure raw materials.
With confirmed high-grade tungsten, ongoing strategic drilling, and rising global demand, Allied Critical Metals is well-positioned to supply tungsten, copper, and silver to the global critical metals market, supporting the green transition, advanced manufacturing, and industrial security initiatives in Europe and beyond.
