Many drill bits used in water well drilling and mining are tungsten carbide-tipped due to their durability and resistance to extreme wear. If tungsten becomes hard to find, prices could go up for manufacturers and drillers.
Earlier today, President Donald Trump's administration announced a temporary halt on most federal grants and loans to local governments, hospitals, schools, and businesses.
The EPA’s Water Infrastructure Finance and Innovation Act (WIFIA) program has provided nearly $21 billion in funding to back hundreds of water infrastructure projects.