The report, published by ResearchInChina, highlights mineral reserves, supply & demand and development trends of the global tungsten industry, the policy environment, resource reserves, ore type, regional distribution, supply and demand, competition pattern and development trends of the China tungsten industry, the import and export of product breakdown, and the operation, tungsten business and development outlook of nine Chinese industrial players.

China, as the world’s largest tungsten resource country, holds 58.95% of global tungsten reserves and supplies and around 85% of tungsten ore worldwide. In 2012, China newly added 200,000 tons of tungsten reserves and output 131,100 tons of tungsten concentrates, down 3.35% from a year earlier. Exposed to the restrictive policies on control of exploitation amount and export quotas as well as new limited prospecting of resources, etc, the supply and demand in tungsten market is obviously out of balance, and it is expected that Chinas output of tungsten ore will see limited growth in the upcoming several years, and that global tungsten market will be still in tight supply.

The slowdown in downstream demand from machining, electronics, real estate markets in 2012 caused the sluggish development of China tungsten industry, with the consumption of tungsten concentrate decreasing by 15.6% year-on-year and the lingering price slump.

In China, major tungsten producing regions are concentrated in Jiangxi, Hunan, Henan, Guangxi and Fujian, the combined tungsten concentrate of which occupied over 88% of China’s total in 2012. In particular, Jiangxi came out top in terms of tungsten concentrate output, registering 46,500 tons.

In Jiangxi, leading tungsten processing enterprises include Chongyi Zhangyuan Tungsten Co Ltd, Jiangxi Tungsten Industry Group Co Ltd, Jiangxi Rare Earth Metals Tungsten Group Co Ltd, and Jiangxi Xiushui Xianglushan Tungsten Co Ltd, while in Hunan, the counterparts are represented by Hunan Nonferrous Metals Holding Group Co Ltd and Chenzhou Mining Group Co Ltd.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

China tungsten carbide powder prices remain firm.

The demand from the cemented carbide market does not show obvious improvements at present, and the customers only purchase from hand to mouth with watching attitude.

The trading volume is small in the spot market with the soft demand. The tungsten carbide powder offer keeps stable as whole, but it is chaotic in the spot market.

You can visit the following links for more information about tungsten carbide powder market.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

European ferro-tungsten prices soften.

European ferro-tungsten prices declined by almost USD1.00kg W at the back end of last week as a small flurry of consumer buying activity pushed traders to offload units of material and tendering offering prices became aggressively low.

Offering prices ranged between 

Tungsten concentrate offers firm but trading volume small

China tungsten concentrate prices are stable this week, and many suppliers are cautious in making deals with watch attitudes. The trading volume is small in the spot market.

A  tungsten concentrate factory  noted that they make offers for wolframite 55% at RMB148,000-150,000t USD373-378mtu this week, and some offers are at above RMB150,000t USD378mtu.

You can visit the following links for more information about tungsten concentrate offers.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:      sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Indian tungsten carbide powder market keeps stable.

Indian tungsten carbide powder market is quiet, and the trading volume is small. Many customers are inactive in making deals, and intend to watch the market for while.

A trader based in India expressed that they receive offers from China tungsten carbide powder suppliers at  65.00-69.00USD/KG.

You can visit the following links for more information about  tungsten carbide powder prices.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Japanese ammonium paratungstate market ( APT market) sees few deals.

Japanese economy recovers slowly and tungsten market sees little improvement. Most traders and consumers watch the market when the prices for China tungsten products keep increasing.

Furthermore, many Japanese customers will leave market for summer holiday, and they have no plan to make purchasing in the following two months.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:     sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Trading remains thin in China ammonium paratungstate market (APT  market).

China ammonium paratungstate market (APT  market) continues to be inactive this week. The prices for APT are stable now, but owing to the soft demand from the downstream customers, the trading remains thin in the spot market.

A source from an APT factory based  noted that they make offers for APT at RMB228,000t USD422mtu this week.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:     sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

In recent months, there have been a number of very positive developments that will further improve the economics of the project.

The overall mining industry slowdown has led to a significantly reduced operating and capital cost structure. Contrary to many other metals, the tungsten price continues to appreciate in US dollar terms.

Which coupled with the declining Australian dollar, has resulted in significantly higher Australian dollar tungsten prices in recent months.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Vital Metals is looking into the economic viability of tripling production at the proposed Watershed project in Queensland Australia.

Through the feasibility study, some preliminary findings were made, suggesting that tripling production at Watershed was a feasible option.

The extended feasibility study would examine increasing production from the currently proposed one-million tonnes a year to three-million tonnes a year.

Early indications show that the capacity could be achieved for a capital expenditure of some A$150-million.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Wolf Minerals Limited released its quarterly activities report for the period ended on June 30, 2013. The Company achieved major milestones in the development of the Hemerdon Project, including the commencement of a £75 million EPC Contract and the finalization of a A$213 million debt funding package.

Highlights from the June quarter include:
£85 million Mining Services Contract awarded for Hemerdon Project, subsequent to quarter end.
First drawdown of US$82 million funding package from RCF completed.
£75 million EPC Contract for Hemerdon project commenced.
Binding Tungsten Off-take agreements completed.
Board changes announced.
Land acquisition process at Hemerdon site ongoing.
Tungsten price at long-term highs – APT ~$400/mtu.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com