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Carbine Tungsten Ltd. has become a tungsten concentrate producer from its flagship project, the Mt. Carbine tungsten mine, in Far North Queensland. Historically, Mt. Carbine produced 40% of Australia's tungsten. Carbine Tungsten is focused on bringing Mt. Carbine back into production, and is on its way to becoming a preeminent tungsten producer with the potential to supply 5% of the world's tungsten concentrate. The company's strategy is to focus on tungsten production and, with the exception of its tin prospects at Mt. Carbine and Tara, is joint venturing or selling its other prospects.