In a statement released on Wednesday, June 17, the company said exports from the Nyakabingo mine have increased steadily since a commercial agreement signed in August 2025 between Global Tungsten & Powders (GTP) and Trinity's offtake partner, Traxys.

Since then, more than 320 tonnes of high-grade tungsten concentrate have been shipped from Rwanda to GTP's processing facilities in Towanda, Pennsylvania, where the material is refined into tungsten powders used in America's defence and industrial sectors.

According to Trinity Metals, supplies to GTP doubled over the past month, enabling the company to account for up to one-fifth of the United States' average monthly primary tungsten consumption.

The development comes at a time when demand for tungsten, a critical mineral used in defence systems, aerospace, electronics, manufacturing and other high-tech industries, is rising globally.

Trinity Metals Chairman Shawn McCormick said the company's expanding exports are becoming increasingly important as the United States seeks to diversify its supply of critical minerals.

"Demand for tungsten in the US is growing fast, both for defence and industrial applications. With that growth, import requirements for primary tungsten concentrate are increasing, while US domestic production remains at zero," McCormick said.

He noted that China's restrictions on exports of tungsten for dual-use purposes have increased the strategic value of alternative suppliers.

"China, which controls over 80% of the supply of tungsten units worldwide, has restricted exports of tungsten for dual-use purposes, making Trinity Metals' supply from Rwanda increasingly important for American national security and that of its allies," he said.

McCormick added that Rwanda is well-positioned to strengthen its partnership with the United States in the critical minerals sector.

"As Rwanda's largest mineral producer and exporter, Trinity Metals is proud to support Rwanda's role in helping to meet America's strategic requirements, and given the ever-growing importance of critical minerals, we see a clear opportunity for the creation of a US-Rwanda Strategic Partnership Agreement on Critical Minerals as exists with other countries on the continent," he stated.

Beyond its current export expansion, Trinity Metals is also advancing major growth plans, including a proposed listing on the New York Stock Exchange within the next 12 to 18 months. Chief Executive Officer Peter Geleta told IGIHE that the board has already approved preparations for the Initial Public Offering (IPO), which could raise between $100 million and $200 million or more, depending on comparable global mining debuts.

Geleta said the listing forms part of a broader transformation strategy aimed at scaling the company into a mechanised, industrial-grade producer.

He also revealed that Trinity Metals is simultaneously preparing a $150 million domestic investment programme to build modern processing plants across its mining operations in Rwanda. The initiative is expected to strengthen value addition locally while supporting expansion of production capacity.

According to Geleta, the combined strategy will also support deeper exploration of the company's newly discovered Ntunga lithium deposit on its Musha concession, positioning Trinity Metals to diversify beyond tungsten, tin and tantalum into battery minerals.

Traxys, the New York-headquartered commodities trader that markets Trinity's production internationally, described the ongoing partnership as helping extend Rwanda's reach into major global markets.

"Traxys is proud to be the catalyst in enabling the international reach of Africa's most significant tungsten producer, Trinity Metals' Nyakabingo Mine. The product is distributed to established blue-chip consumers in the American and European markets," said Ioannis Kallinikos, Head of Tin and Specialty Metals at Traxys.

Trinity Metals said the achievement reinforces its position as a leading supplier of fully traceable, certified conflict-free and child labour-free tungsten, while supporting supply security for the United States and its allies. The company also plans to triple production over the coming years.

Formed in 2022 through the merger of the historic Nyakabingo Tungsten Mine, Rutongo Tin Mine and Musha Tin and Tantalum Mine, Trinity Metals is Rwanda's largest producer and exporter of conflict-free critical minerals. The company employs more than 6,500 people and also owns the prospective Ntunga lithium project.

The company was the first operating mine in Africa to receive technical assistance funding from the U.S. International Development Finance Corporation (DFC), securing $3.865 million in 2024. Its major shareholder, TechMet Ltd., is partly owned by the DFC.

Located on a 1,600-hectare concession, the Nyakabingo mine is estimated to contain more than 30,000 tonnes of recoverable tungsten, with ongoing deep drilling aimed at expanding the resource. Current production exceeds 100 tonnes of wolframite per month, containing between 65 and 70 percent tungsten trioxide (WO₃).