Important Tips: The tungsten ore market  in domestic is increasingly active.Tungsten ore businesses are reluctant to sell holding stocks, because  the price of tungsten ore  is still rising in  a short-term. The outer  performance of  molybdenum is not good, and the market trend of  molybdenum  is weaking. The consolidation of  molybdenum in domestic market  is vulnerable.

Tungsten Market: The  tungsten ore market in domestic is increasingly active.Tungsten ore businesses are reluctant to sell holding stocks, because  the price of tungsten ore  is still rising in  a short-term. The  manufacturers of sodium tungstate temporarily maintain a pre-holiday price and the market is relatively calm. As the part of tungsten carbide powder, it continues to wait and see. Some businesses tempted to adjust the price. Scrap tungsten steel continues to have a steady run. We expect that  the price of some tungsten-based products has  a slight rise in the short term.


Molybdenum Market: Recently  the molybdenum market is underperforming,  and the market trend of molybdenum is weak.  When the molybdenum market  is weaking, part of the businesses  is difficult to make right judgments on  the market outlook.  So it is a short-term policy  that molybdenum businesses maintain waiting and seeing. We expect that in the  short-term molybdenum market is difficult to  have greater fluctuation.



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Cree introduces an LED bulb that mimics the design and shape of traditional incandescent bulb to entice consumers to try LEDs.

If you’ve had any experience with LED light bulbs, you know they can look pretty odd. Cree today introduced a bulb that mimics the traditional incandescent bulb design in every way–except its inefficiency. 

The bulb is the first consumer bulb from Cree, which primarily supplies LED semiconductors to other lamp makers. There are three products: a 40-watt equivalent and two 60-watt equivalents with different color light. They’re available from Home Depot online now and will be made available in stores this month priced between $9.97 and $13.97.

What’s most notable is that bulbs have the same glass dome as incandescent lights and there isn’t a large metal heat sink. The first wave of general-purpose LED products have heavy metal fins to wick away heat from the LED light sources, which helps ensure life. The Cree bulb uses the same glass as an incandescent but has a rubber coating to prevent shattering.

In an incandescent bulb, a tungsten filament in the center of the glass glows to give off an even, warm light. Cree designed a “filament tower” that places a series of pin-hole-shaped LEDs in the same location as the traditional filament. I installed one yesterday and the effect is a similar light output as a traditional bulb and even light distribution. 

Having a familiar shape is very important to spur more consumers to consider LEDs as a replacement for incandescent bulbs, says Mike Watson, the vice president of corporate marketing. “Consumers actually love that particular (incandescent bulb) product. It’s the shape they’re used to and it gives off a warm glow they expect, but it’s grossly inefficient and has a short lifetime,” he says. Cree’s bulb uses high-power LEDs which means it can work with a smaller heat sink, which appears like a collar around the base of the bulb.

An incandescent bulb lasts about 1,000 hours, while most LED bulbs are rated to last 25,000 hours, which can be 15 or 20 years depending on usage. The Cree bulb has a 10-year warranty.

Cree designed the bulb so that its optics mimicked a traditional incandescent light bulb.

A 60-watt equivalent Cree LED bulb that gives off 800 lumens uses 9.5 watts for the warmer-colored light. The color rendering index, a measure of light quality, is at least 80.

Other LED lighting companies are also changing their designs with the hopes of appealing to more consumers. The first LED bulbs from Philips looked a bit like a crown because its yellow-colored phosphors were placed on top of the bulbs. In response to consumer requests, Philips has adopted a lighter-weight heat sink and moved the phosphor in its latest products so it better resembles the classic incandescent bulbs. 

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Rwanda's revenues from mineral exports are set to triple - from US$136.6 million (over Rwf87 billion), in 2012, to US$409 million (about Rwf261 million), by 2017, according government projections.

Prime Minister Dr. Pierre Damien Habumuremyi announced the forecast yesterday while briefing both chambers of parliament on the state of the country's mining sector.

The government is particularly determined to cease exporting unprocessed raw materials as it mulls plans to boost value addition to boost revenues, the premier said.

In 2012, he said, mineral exports were 28 per cent of the country's exports compared to tea and coffee which accounted for 14 and 12.6 per cent of total national export revenues, respectively.

The country's top forex earner - tourism - fetched US$281.8 million [over Rwf180 billion] last year, counting for 58.4 per cent of total export earnings.

Dr. Habumuremyi said, "Exploration will be concluded with the intention of knowing exact locations of other high value minerals, with special emphasis on gold, copper, lead, zinc, silver and other rare earth elements (REE)."

He stressed that processing Rwandan mineral exports to add value so that they earn more on the international market will be a government priority.

Mining will continue to be among the first two foreign exchange earners for Rwanda. To achieve this, he said, several activities are in plan. They include, the privatisation of mines "such as Bisesero and Kigali Nord" as well as shedding off government's shares in Gatumba and Rutongo mines.

"The amount of these shares will be known towards the end of this month when a team of experts led by finance ministry will present the report on an audit they conducted."

The Premier said government is working to fine-tune the process of licensing mineral exploration and mining as well as the management of its mineral resources.

Apart from continuing wooing private local and foreign investors, and monitoring them, miners using outdated methods and technology will be trained to enhance their technical capacity and, large government concessions will be subdivided to ensure better management, he said.

The government plans to increase the number of local mineral experts, from the current 43 to 83, especially since foreign expatriates are costly.

He agreed with lawmakers that government must as well, among other things, step up measures to improve the well being of locals involved in the lucrative sector by stepping up safety measures and ensuring people have adequate medical insurance cover and other special necessities.

He said the safety of Rwandan miners is a top government priority.

A mining law is being reviewed by Parliament to streamline issues in the sector.

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MML has made a €17.3m investment into Irish based ATA Group to fund the acquisition of the US based SGS Tools’ Bur business.

Led by CEO Peter Cosgrove, the transaction is expected to create a global leader in tungsten carbide bur production and positions the business for further international growth.

MML will hold a 65 per cent stake in the combined business alongside management and FL Partners.


ATA is a global producer of tungsten carbide rotary files, known as burs. Burs are a precision engineered consumable used to fabricate, polish and repair metalwork and are used across industries including aerospace, marine, oil & gas, automotive and power generation.


Based in Cleveland, USA, SGS Tools Group produces tungsten carbide end milling tools and drills plus carbide burs.

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