The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥181-183/kg; scrap tungsten bit still concentrates on ￥187.00-￥190.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1.70 per kilogram tungsten, 50W-70W is ￥1.60 per kilogram tungsten, 30W-40W is ￥1.40 per kilogram tungsten, 10-20W is ￥0.80 per kilogram tungsten while 8W-10W is ￥0.70 per kilogram tungsten, which keep steady constantly.

Tungsten concentrate spot prices stay weak. Other kinds of tungsten products cannot avoid dropping destiny. Under the support of short resource, scrap tungsten prices has been hold relatively, but small transaction volume has been realized. Scrap tungsten suppliers’ attitude becomes more cautious and more willing to wait and see. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.

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Core tips: The need of sodium tungstate remains weak, transaction prices are running at low level while few deals can be seen in tungsten carbide market.

Situation of tungsten concentrate market is that raw material traders are not eager to ship and the quotation is under restriction. Prices of individual tungsten products from downstream reduce by lower purchasing cost. The need of sodium tungstate remains weak, transaction prices are running at low level while few deals can be seen in tungsten carbide market, and the prices focus on ￥270.00/kg. The overall tungsten concentrate prices keeps falling, and some traders hold low expectation toward tungsten concentrate market in near future.

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Tungsten Mining (ASX:TGN) has followed up yesterday's Initial Public Offering on the ASX with the announcement that drilling has commenced on its flagship Kilba Tungsten Project in Western Australia. 

Tungsten says it is concentrating on rapidly evaluating and developing the site, which hosts a high grade scheelite deposit with potential to support a mining project. 

The diversified miner holds a 100 per cent entitlement to a mining lease within the Kilba, and has completed the first phase of its drilling program, comprising 8 diamind core holes. 

Tungsten says the drilling program, alongside its admission to the ASX, represents a significant milestone towards becoming a developer. 

Tungsten Mining listed on the ASX yesterday, closing the day at $0.205.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Sergei Belousov and his colleagues at Moscow’s Kintech Lab in collaboration with scientists at the GE Global Research Center in New York state have discovered an application for photonics crystals that can improve light emitting efficiency of tungsten. This may lead to a complete redesign of the light bulb at we know it.

Belousov and his team wanted to find out whether a nanostructure of tungsten can be engineered to create a photonic visible light-emitting infrared light. The team studied the theoretical properties of nanoscopic tungsten log piles and spheres embedded in another medium. They tested their data after creating a tungsten photonic crystal to measure the amount of emitted light occurring at different frequencies. What they discovered is that the structure emits less infrared light while having 15% efficiency – much higher than standard bulk materials.

Why is this important? Belousov and team’s research indicates improvements on the technology are possible. However, more research and testing are needed to determine whether the use of tungsten in light bulbs can achieve widespread use. Compact fluorescent bulbs match the light output of a 100 Watt tungsten bulb using less than 30 Watts, and LED bulbs can by less than 20 Watts. Belousov and his team may have their work cut out, but they believe they have a chance.

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At present, the demand of tungsten concentrate becomes worse that suppliers are not confident with market in near future. Today, mainstream 65% tungsten concentrate price based on Ganzhou focuses on ￥115,000.00/mt, real transaction price could as low as ￥112,000.00/mt, more than 60% scheelite concentrate quotation based on Hunan is ￥113.000.00/mt.

According to the analysis of Chinatungsten Online, the situation of supply exceeds demand is hard to reverse in short time. Some tungsten concentrate suppliers are hurried to get cash that they are more willing to ship. However, the demand of downstream users, few deals can be seen. Under this situation, price range goes narrow that delivery price shows its downward trend. Chinatungsten Online expects, tungsten concentrate prices will keep weak, but the price will hold above ￥110,000.00/mt.

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The final £13m has been secured to revive tungsten mining on the edge of Dartmoor.

Australian-based company Wolf Minerals now has £140m for the project in Devon, although the final £13m is yet to be signed off by shareholders.

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥181-183/kg; scrap tungsten bit still concentrates on ￥187.00-￥190.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1.70 per kilogram tungsten, 50W-70W is ￥1.60 per kilogram tungsten, 30W-40W is ￥1.40 per kilogram tungsten, 10-20W is ￥0.80 per kilogram tungsten while 8W-10W is ￥0.70 per kilogram tungsten, which keep steady constantly.

Although the tungsten concentrate prices stop dropping, tungsten chemical, tungsten products market are still weak. Scrap tungsten suppliers, which are affected by the downward of tungsten concentrate price, their attitude become more cautious and more willing to wait and see. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.

In the international market, tungsten concentrate prices show its trend to move up constantly. By the night of 21^st, the guiding price of MB ferrotungsten in warehouse Rotterdam maintains $43.00-44.00 per kilogram tungsten, the highest level has increased $0.50; the quotation of ammonium paratungstate keeps $304.00-330.00/mtu.

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Core tips: Tungsten concentrate market is still weak this week. Inquiries from downstream users are rear, and the traders hold pessimism attitude toward the tungsten concentrate prices.

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥181-183/kg; scrap tungsten bit still concentrates on ￥187.00-￥190.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

Serious imbalance exists in tungsten concentrate market that some traders holds too much stock in their warehouse. Under current situation, it is hard to consume stock shortly. Mainstream price of 65% Tungsten concentrate focus on ￥114,000.00-116,000.00/t, and the real transaction price may be lower.

Chinatungsten Online analyzes, the supply and demand of tungsten concentrate market are not balance this year, in addition to drastically price rising recently, which both lead to high market stock. Some tungsten suppliers who under high fund pressure are hurried to get cash which lead to price easing. Individual tungsten suppliers notes, if transaction can be gone through by cash, their quotation can reduce to ￥110,000.00/mt. Chinatungsten Online expects tungsten concentrate prices would reduce constantly, and the real transaction price could be even lower.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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