With tungsten ore prices approaching low , the recent mining, Scheelite Scheelite manufacturer wishes to sell relatively low , downstream tungsten smelting raw material procurement difficulties. And from last week paratungstate succession of procurement of raw materials manufacturers , downstream demand continues to slump , the product is difficult to sell, paratungstate factory into a " can not buy raw materials , products, hard sell" dilemma , smelters are now produced by a single , strict control inventory.

It is understood that manufacturers offer at 16.5-16.8 yuan / ton, but the actual transaction acceptance month 166,000 yuan / ton, cash transactions 16.3-16.4 yuan / ton. Pan Asia and the recent metal purchases of ammonium paratungstate is not large , prices continued acceptance two weeks, 165,000 yuan / ton.

Sodium tungstate needs no improvement , home smelter shutdown increases, the market started low, turnover is generally only a small amount of inter- demand procurement and old customers , but by the cost of support, short-term or persistent sodium tungstate prices hovering at 130,000 yuan / ton nearby , turnover or more concentrated in the 130,000 or less.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Foreign media said that one of the reasons is located in southwest England Devon He Modeng project began causing concern is that this is 45 years to enable the UK 's first new mine , but the more important reason is that here the production of tungsten, this is for many industrial activities are extremely important an element , and it is the same and rare earth resources controlled by China .

According to the U.S. "Forbes " magazine website reported on May 12 , the high hardness of tungsten , heavy weight , high melting point , in the past mainly for the manufacture of the filament . Today , its main purpose is to manufacture cutting tools, as well as high-strength steel and armor-piercing rocket nose cone such weaponry.

In the first and Second World War period, the British army used tungsten mainly from He Modeng mine , but later the mine closed.

He Modeng tungsten ore mining project is based on a rich tungsten element is called wolframite , and a number of large mining companies want to re- develop this project, but have failed , including the once very famous American mining companies Amaks companies.

 He Modeng mine owner is the latest Australian mining company Wolf , the company has been experiencing great difficulty attracting investors , largely because of timing issues and the outside world to understand the importance of tungsten too less .

Another factor is that few people think that the British government would approve mining in the country , in the last 30 years, most of the mines have been shut down Britain .

Wolf bought the company in late 2007 He Modeng mine, but soon found it difficult to spend the next few years the market downturn, but also completely change the banking system after such a military and industrial uses of metals important characteristics generally ignorant state.

Two years ago, the British Geological Survey Institute 's assessment of the risk level of the supply of tungsten highlights the importance of tungsten at the highest risk level for the next 10 , the Institute of Geological Prospecting score of 9.5 , with the same level of risk of rare earth , As the production and consumption of these two resources have been dominated China , China can decide the amount of supply to other countries.

Eliminate the presence of tungsten entrenched understand Wolf 's been a big burden on the shareholders' meeting , it will pave the way it should be financially , you can speed up the mine is located in Plymouth and a tungsten processing plant construction work .

After the operation,He Modeng mineral products divided into two, namely tungsten concentrate and tin concentrate. Tungsten will be sold to companies manufacturing high- strength tools .

Reported that , from an economic point of view, He Modeng mine will bring very profitable , but the market for tungsten and highly specialized transactions do not understand is another negative factor has been facing investors .

Value of one ton of tungsten is about $ 36,000 . Wolf and other manufacturers are selling tungsten tonnes degrees measurement, the current price is around $ 360 , about three times the cost of $ 110 per metric ton of degrees .

Wolf Company's ability to make the past 45 years the company was not able to make other big thing , it depends on the success of its projects completed and put into operation in the first half of next year could concentrate .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten prices steady run . The current mainstream market trading price of tungsten powder concentrated in 261-263 yuan / kg, native tungsten concentrate in 260-262 yuan / k. Tungsten concentrate prices stabilized stabilized, powder merchants offer still confusing, some businesses will is not strong shipments , quotes remained high , some low-cost cash-strapped businesses will take the goods , leading to the level of spread is still large .

Market price of tungsten concentrate of steel around 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg, the mainstream is still stable. Finished goods merchant power price adjustment is relatively low , steady watching the majority, so the market is relatively stable. Tungsten products market is expected to more than short-term steady trend will continue .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten city running smoothly , needs no improvement , business operations dilemma inquiry ore increased, but mine will ship very low spot market purchases difficult, wait and see mood enriched , ore price is expected this week or in the 10.3-10.6 hovering between yuan / ton.

Macro level , China's rare earth resources brewing once again raise taxes ; European Central Bank next month or € 200 billion stimulus push to implement negative deposit rates ; New York crude oil futures closed up 0.6 percent at 102.6 U.S. dollars / barrel.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn