Now that I had some idea of where to look, I found some infor on this stuff. Lots of info actually. I may be off base here but it looks like this is a cobalt based metal, possibly like Talonite except a much higher RC. Here is the blurb off of one web site:
www.vrwesson.com/pg4.htm
Tantung is a cast alloy cutting tool material composed principally of chromium, tungsten, columbium, and carbon in a cobalt matrix. These elements combined in the proper proportions and cast in chill molds give Tantung its most important characteristic -- the ability to retain its cutting hardness at temperatures of up to 1500°F. It is neither high speed steel nor carbide. It is unique.
Tantung has a high transverse rupture strength, low coefficient of friction and excellent resistance to corrosion. It is tough, readily absorbs shock and impact, and is non-magnetic...it likes to work.
As a cutting tool, it is ideal for all turning, facing, boring, milling , and cut-off applications on nearly every type of metal as well as non-metallics. Tantung performs best at speeds of 100-250 SFPM and can be used to excellent advantage on machines where speed, power, and rigidity are limited. In addition, it will not anneal or lose its cutting edge as will H.S.S. when subjected to high-red heats generated during the cutting cycle.
Tantung G is recommended for general purpose machining of both ferrous and non-ferrous metal and general woodworking operations. For catalog items, Tantung G Hardness is 60 to 63 Rockwell C and Transverse Rupture Strength is 300,000 psi minimum.
Would this stuff make a good knife or what? Anyone care to comment. It sounds like it would to me, but I am not a materials engineer I just play one on showtime
Sam.