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

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.

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
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

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
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