At the beginning of June, 2013, Edward Snowden, the former employee of Booz disclosed to The Guardian and The Washington Post that in 2007, NSA (National Security Agency) and FBI (Federal Bureau of Investigation) started a secret network monitoring program named as PRISM. Then Snowden disclosed again that NSA invaded China computer system for several times by using PRISM. NSA monitored China network for 4 years at least.

Based on Snowden’s data, The Guardian and the Washington Post reported the PRISM. PRISM could inserted into center severs of internet companies in the U.S. directly and carried on data mining for intelligence. The U.S. intelligence analysts could contact all of users’ information directly, such as audio, video or email and follow users and their contacts. 9 internet giants involved in the event, including Apple, Microsoft, Google and Facebook.

According to Snowden, in 2009, NSA invaded computer system in mainland of China and Hong Kong for several times through PRISM so that could monitor China network. NSA attacked China websites, including enterprises, universities and governments. The targets were more than hundreds and time lasted for 4 years.

Chinese foreign ministry had figured out that China was victim for hacker before. But it didn’t point out where the attacking came from.

According to existing information, through PRISM, the U.S. intelligence can detect military intelligence in other countries. All of corporations who may be related to military defense cannot avoid monitor. Tungsten alloys which are provided by Chinatungsten Online may be used for manufacturing ordnances such as armor piercing, bullet or others in the case of unknown. So it is still unclear whether Chinatungsten Online is monitored by PRISM or not.  


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European ferro-tungsten prices edge up following volatile week.

Ferro-tungsten prices in the European market closed between USD46.50-47.50kg W in warehouse Rotterdam on Friday, up over USD1.00kg W from Tuesday.

Sources explained that firm prices of tungsten concentrate in the Chinese market, leading to higher ferro-tungsten export prices, were largely behind the pickup in Europe numbers.

Sources also reported that three containers of ferrotungsten destined for Europe were onboard the stricken containership MOL Comfort which broke up on the Indian Ocean last week. The vessel hit bad weather approaching the Gulf of Aden causing the hull to fracture in two parts.

You can visit the following links for more information about  ferro-tungsten market. Thank you very much! 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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China tungsten concentrate pries hold firm.

China tungsten concentrate prices hold firm at present. Many market participants are waiting for the offers of someone in China  in the second half of June.

The trading volume is still small. A tungsten concentrate trader  expressed that the tungsten concentrate market kept moving up in June. 

You can visit the following links for more information about  tungsten concertrate market. Thank you very much! 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:    sales@chinatungsten.com
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European ammonium paratungstate market (APT market) offering prices held firm last week, closing between USD385-395mtu in warehouse Rotterdam on Friday, although buying activity remained scarce as consumers held back from purchasing due to plentiful reserves of inventory.

European ammonium paratungstate prices (APT prices) are closely following China export prices, which have moved up strongly over the past three weeks due to the June tungsten concentrate guide price increasing 12%.

European sources agreed that APT numbers are likely to hit USD400mtu in warehouse Rotterdam, but the thinly traded European market may mean that the rate of increase is slower than initially.

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
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Ammonium paratungstate prices(APT prices) move up further in China

According to the market participants, the ammonium paratungstate market (APT market) keeps quiet with few buying activities.

As the tungsten concentrate prices hold firm at relatively high level, the APT suppliers raise offers further in the spot market. However, the transaction prices move up slowly. 

You can visit the following links for more information about  ammonium paratungstate prices (APT prices). Thank you very much!

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
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

An exploration stage company focused on the evaluation, acquisition and development of domestic tungsten mining opportunities, is pleased to announce that the stream sediment, soil and rock sampling survey recently completed by Carlin Trend Mining Services Ltd. of Elko, NV, identified several areas that have elevated concentrations of tungsten within the Company's Claim Block at the Cherry Creek Tungsten Project in Nevada.

The identified areas will be subject to additional sampling in the next phase of field work that will begin shortly. The objective of the next phase will be to prospect up-stream and identify the source of the tungsten in the samples taken, where results returned concentrations above the 5 ppm economic threshold. 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Processing and capital can make the tungsten market a tough place to be, but dwindling supply and insubstantial production indicate a coming price swing. 

Tungsten ranked second behind rare earths in the British Geological Survey's 2012 supply risk index based on a number of factors like location and concentration of production and reserves, but the report highlighted that tungsten (as well as rare earths) has lower recycling and low substitutability.

Tungsten Mining NL, (ASX:TGN) a company exploring for tungsten in Western Australia, on Thursday released the results of a scoping study showing the economic viability of its Kilba project.

The study values the project, an open-cut mine slated to produce 154,000 MTU of WO3 a year for 7 years, with a net present value of $36 million with an internal rate of return of 34 percent. The $56 million capital expenditures outlay is expected to be paid back within the first year of operation.

Located in the Gascoyne region of Western Australia, the deposit contains 1.4 million MTU of contained tungsten oxide, as defined in a JORC-compliant resource estimate.

“The release of the Scoping Study results is another major milestone for Tungsten Mining and its shareholders, managing director Paul Berndt said in a statement. “The Scoping Study indicates that Kilba is an economically attractive project, and the relatively low pre-production capital cost of $56 million is a low capital barrier for Tungsten Mining to overcome in order to join the ranks of the world’s very few tungsten producers outside China.”

Tungsten Mining said it plans to initiate a definitive feasibility study (DFS) for release in the second half of the year. More infill drilling is also expected to take place in zones 8 and 11 of the deposit.

Tungsten Mining closed at 18 cents on the ASX on Thursday, unmoved from the previous session.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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The demand from the steel market does not recover, and the supply recovers in the European market, therefore, the ferro-tungsten prices ease slightly in Vietnam.

A major ferro-tungsten trader based in Vietnam expressed that they do not resume production now as the power supply is tight. He said that the prices for ferro-tungsten ease slightly this week, which are at around USD45-47/kg W.

China ammonium paratungstate offers (APT offers) move up further while trading keeps thin.

China tungsten concentrate prices keep increasing this week, so the ammonium paratungstate(APT) suppliers raise offers further this week.

But the trading volume remains at low level as the customers are inactive in making deals. A source from an ammonium paratungstate（APT） factory based in South China expressed that they make ammonium paratungstate offers (APT offers) at RMB212,000-213,000.

You can visit the following links for more information about  ammonium paratungstate prices (APT offers). Thank you very much! 

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