Tungsten Ore Industry Reformation and Development-III

Strengthen management and enhance enterprises self-discipline

Following the Forum on Development Strategies for Chinese Tungsten Industry held in Oct. 2004, in Changsha, Hunan Province, a seminar on development strategies for tungsten industry in Ganzhou, China, was hosted by Ganzhou government.

Representatives presented many practical and scientific proposals. From Jan. to May of 2005, the price of tungsten concentrate increased from RMB ￥25,000 to RMB ￥135,000 per ton and kept at a steady status. Since 2004, the price of tungsten concentrate has kept at around RMB ￥100,000 per ton.

In Dec. 2005, Ganzhou Tungsten Industry Association was founded. It gives the same offer to the market and tries to keep the market in order. The tungsten industry has gotten a situation of cooperation, self-discipline.

In Sept. 2006, Mr. Liu Cong, the vice mayor of Ganzhou government, led the delegation from Ganzhou tungsten enterprises to attend the 19th annual meeting hosted by International Association of Tungsten Industry, held in Boston, USA. He gave a speech of “Ganzhou tungsten industry and its development”, which introduced Ganzhou tungsten industry to the world.

 

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