Trading remains thin in China ammonium paratungstate market (APT  market).

China ammonium paratungstate market (APT  market) continues to be inactive this week. The prices for APT are stable now, but owing to the soft demand from the downstream customers, the trading remains thin in the spot market.

A source from an APT factory based  noted that they make offers for APT at RMB228,000t USD422mtu this week.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

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

Vital Metals is looking into the economic viability of tripling production at the proposed Watershed project in Queensland Australia.

Through the feasibility study, some preliminary findings were made, suggesting that tripling production at Watershed was a feasible option.

The extended feasibility study would examine increasing production from the currently proposed one-million tonnes a year to three-million tonnes a year.

Early indications show that the capacity could be achieved for a capital expenditure of some A$150-million.
 

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

In recent months, there have been a number of very positive developments that will further improve the economics of the project.

The overall mining industry slowdown has led to a significantly reduced operating and capital cost structure. Contrary to many other metals, the tungsten price continues to appreciate in US dollar terms.

Which coupled with the declining Australian dollar, has resulted in significantly higher Australian dollar tungsten prices in recent months.
 

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

Wolf Minerals Limited released its quarterly activities report for the period ended on June 30, 2013. The Company achieved major milestones in the development of the Hemerdon Project, including the commencement of a £75 million EPC Contract and the finalization of a A$213 million debt funding package.

Highlights from the June quarter include:
£85 million Mining Services Contract awarded for Hemerdon Project, subsequent to quarter end.
First drawdown of US$82 million funding package from RCF completed.
£75 million EPC Contract for Hemerdon project commenced.
Binding Tungsten Off-take agreements completed.
Board changes announced.
Land acquisition process at Hemerdon site ongoing.
Tungsten price at long-term highs – APT ~$400/mtu.
 

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