Tungsten Market Update

Market participants are reporting weak demand for many tungsten products, including tungsten powder and tungsten carbide. Given these conditions, weak prices have softened further. Over the past week, 65-percent grade wolframite prices in China have fallen from the $285 to $290 range to $280 to $287. The price for ammonium paratungstate grade 88.5 percent in China is in the range of $313 to $317 per metric ton, according to Metal-Pages.

Hazelwood Resources has been active in the market purchasing concentrate for the start up of the ATC ferrotungsten refinery. Terry Butler-Blaxell, managing director, serves as one source of confirmation of the market weakness. Not only did he note that the company has purchased tungsten at more attractive prices than expected, but he also said that upon establishing a reputation as a serious buyer it becomes clear that ample supply is available.

You can visit the following links for more news about tungsten. 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 News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

Tungsten Market On Apr 3,2013

Market participants are reporting weak demand for many tungsten products, including tungsten powder and tungsten carbide. Given these conditions, weak prices have softened further. Over the past week, 65-percent grade wolframite prices in China have fallen from the $285 to $290 range to $280 to $287.  The price for ammonium paratungstate grade 88.5 percent in China is in the range of $313 to $317 per metric ton, according to Metal-Pages.

Hazelwood Resources has been active in the market purchasing concentrate for the start up of the ATC ferrotungsten refinery. Terry Butler-Blaxell, managing director, serves as one source of confirmation of the market weakness. Not only did he note that the company has purchased tungsten at more attractive prices than expected, but he also said that upon establishing a reputation as a serious buyer it becomes clear that ample supply is available.

 

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

North American Tungsten News

North American Tungsten is pleased to announce the results of the annual and special meeting of the shareholders of the Company held March 22nd, 2013 in Vancouver BC At the meeting the shareholders of the Company:

Elected Ronald Erickson, Kurt Heikkila, Allan Krasnick, Stephen Leahy, Dennis Lindahl, Bryce Porter and Christina Scott to the board of directors until the next annual meeting;

Appointed PricewaterhouseCoopers, LLP to be auditor of the Company for the financial year ending September 30, 2013, and authorized the board of directors to fix the remuneration of the auditor;

Approved the Company's stock option plan more fully described in the information circular dated as of February 15, 2013 (available for viewing on SEDAR); 

Approved the extension of the Company's Shareholder Rights Plan for a further two year period more fully described in the information circular dated as of February 15, 2013 (available for viewing on SEDAR).

Two long-standing directors of the Company, Wayne Lenton and Kenneth Collison, did not run for re-election and the Company wishes to thank both of them for their contributions over the years.

Subsequent to the annual and special meeting, the board of directors appointed Kurt Heikkila as the chairman of the board of the Company. The board of directors has requested that the new Chairman undertake enhanced efforts and strategies to substantially improve the production and efficiency outcomes at the Company's CanTung mine.Messrs. Porter, Krasnick and Lindahl have been appointed as members of the Audit Committee.

You can visit the following links for more news about tungsten . 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 News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

Supporting Ganzhou for Industrial Base of Rare earth and Tungsten

Ministry of Industry and Information Technology of the People's Republic of China MIIT supports the industrial and information development in southern Jiangxi, the former central soviet area and other similar areas with 18 measures from 7 aspects by introducing Comments on supporting the industrial and information development in south Jiangxi, the former central soviet and other similar areas .

Reportedly, MIIT will support Ganzhou to build national major industrial base of rare earth and tungsten and the modal base of research, cooperation and innovation for rare earth materials.

You can visit the following links for more news for tungsten. 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 News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

Tungsten Concentrate Market Hard To Recover Shortly

China tungsten concentrate market shows no improvements and most of the participants watch the market for a while. Owing to the weak demand, the tungsten concentrate prices moved down from middle of this month.The tungsten concentrate market is likely to be quiet in the near future.

Tungsten concentrate is the main raw material for the production of tungsten, iron, sodium tungstate, ammonium paratungstate  (APT) and ammonium metatungstate (AMT) compound and its downstream products include tungsten trioxide, blue tungsten oxide, tungsten powder, tungsten carbide,carbide, tungsten steel, tungsten bars, tungsten.

You can visit the following links for more information about tungsten concentrate 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 News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com
 

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