Amidst the significant fluctuations in the supply chains of strategic minerals and the tightening of regulations on high-tech raw materials, critical minerals essential for clean industries such as electric vehicles, renewable energy, and semiconductors are garnering heightened attention. This trend is vividly reflected in the tungsten and fluorite markets, where tungsten demand and prices have surged dramatically, while fluorite has also seen a notable upswing in Q4 2025 due to disruptions in its supply chain.