Tungsten Carbide Price

Wolf Minerals Will Creat the World's Fourth-largest Tungsten Mine

Details: Category: Tungsten's News; Published on Wednesday, 20 March 2013 17:24; Written by Elva; Hits: 2282

A PROJECT to reopen a disused tungsten mine has moved another step forward thanks to a £75 million construction contract. Wolf Minerals announced that it had appointed fellow Australian firm GR Engineering to design and build a processing plant for the scheme at Hemerdon.
The plant will take around two years to build. Wolf announced last year that it had secured all the finance for the £130 million project near Plympton which will create the world's fourth-largest tungsten mine.

The mine is anticipated to come into production by the end of 2014 and will produce 5,000 tonnes of tungsten concentrate and 500 tonnes of tin annually over the following decade.
The site is set to create 230 directly employed jobs and could create as many more, with the recruitment of a number of senior roles currently taking place.

Wolf Minerals managing director Humphrey Hale said: "Wolf is very pleased to continue working with GR Engineering to develop the Hemerdon Project as we have established a good working relationship over the past three years."

"This is a major achievement for the project team as the EPC contract was tendered to the market and this result is in line with the Definitive Feasibility Study estimate announced in May 2011."

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Tungsten-moly: Northcliff Files 43-101 Report for Sisson Feasibility Study

Details: Category: Tungsten's News; Published on Wednesday, 20 March 2013 17:07; Written by Elva; Hits: 2253

Vancouver has filed the 43-101 technical report for the feasibility study of its Sisson tungsten-molybdenum project 60 km northwest of Fredericton. The company says the $579-million development is both technically and economically viable.

A mine at Scisson Brook has the potential to produce 8% of the world's tungsten, and that percentage jumps to 40% of when Chinese production is discounted. An open pit and 30,000-t/d mill, and an ammonium paratungstate plant would produce roughly 557,000 tonnes of APT and 4.1 million lb of molybdenum annually for 27 years.

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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Ferrotungsten Market Sees Few Seals with Stable Price

Details: Category: Tungsten's News; Published on Wednesday, 20 March 2013 16:50; Written by Elva; Hits: 2217

China ferrotungsten market continues to be quiet this week, and the spot market sees few deals been concluded owing the soft demand. The ferrotungsten prices are stable this week.

It is known that ferrotungsten market kept relatively calm last week and the downstream steel mills’ needs were incompetent because it was affected by the policy. Many manufacturers only produced by the orders. It is expected that ferrotungsten market mainly will keep stable in next week.

You can visit the following links for more information about ferrotungsten prices. Than you very much!

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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Indonesia's Supreme Court ruled that Banning on Tungsten Ore Export is Illegal

Details: Category: Tungsten's News; Published on Wednesday, 20 March 2013 17:05; Hits: 2298

Indonesia's Supreme Court ruled that it is illegal for government to ban tungsten ore export. That means that the government is required to follow the court's decision to lift the ban on raw mineral exports, the ban on ore export in 2014 may be changed.

Mansu, a senior office of the Indonesian Chamber of Commerce and Industry said that it means that the government must draw up new mineral export regulations. "We must urge the Government to make action as soon as possible." He added. As the verdict ruled by Supreme Court, the ban on all minerals Ordinance will lose legal validity. : “Ministry of Energy and Mineral Resources no longer has the power to control mineral exports, including the approved export quota."

Indonesian government banned the export of raw ore export on ore export on May 6, 2012, in order to encourage investors in Indonesia to establish refining and processing enterprises, promote local economic development and to increase mineral value-added. Since mineral exports accounted for 12% of the Indonesian economic production. The determination for Indonesian government to promote ore processing locally should not be underestimated, the policy is unlikely to be abandoned.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Concentrate Prices Ease Slightly

Details: Category: Tungsten's News; Published on Wednesday, 20 March 2013 16:40; Written by Elva; Hits: 2254

With the recovering operating rate for tungsten concentrate factories, the supply increases in the spot market. According to the tungsten concentrate market participants, as the tungsten concentrate suppliers are active in selling materials, the tungsten concentrate prices ease slightly. The trading volume does not show obvious improvements.

You can visit the following links for more information about tungsten concentrate prices. Than you very much!

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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