China Tungsten Industry Development and Changes

China tungsten industry started mining with unauthorized till gradually orderly management the whole tungsten industry not only annual production increase, but resource protection consciousness also enhance.
On the other hand, after employed a series of reform policy of tungsten industry there are some development and changes in China tungsten industry:
1.Tungsten price go up, economic strength growing
In 1985, China the whole tungsten industry annual sales revenue was less than 2 billion RMB. In 2003, the annual sales revenue was broken through 100 billion RMB. In 2014, annual sale revenue was 740 billion which was 44.3 times than 1985’s.
2.tungsten import and export volume decline, tungsten carbide export volume increase
During Eleventh Five-Year Plan period, tungsten annual gross production was 140,620.00 ton and export volume was 29,000.00 ton. Expected during the 12^th five-year plan, the annual gross production will be 130,440.00 ton and export volume will be 26,900.00 ton comparing with 11^th five-year plan the export volume of tungsten decline 8.1%
On the other hand, During Eleventh Five-Year Plan period, tungsten carbide annual gross production was 15,800.00 ton and export volume was 3,159.00 ton. Expected during the 12^th five-year plan, the annual gross production will reach 24,100.00 ton and export volume will be 24,100.00 ton comparing with 11^th five-year plan the export volume of tungsten carbide increase more than 50%.
3. Technology and equipped level increase rapidly
These year China tungsten industry through import, absorb and innovate technology so tungsten carbide production technology and equipped level has significant increase. For example, low-grade tungsten ore, scheelite and wolframite mixture ore extraction technology got new breakthrough. Besides, tungsten melting process and technology and products quality advanced in the world. What’s more, ultra-fine grain, ultra-rough grain, functionally graded material tungsten carbide material, super-large tungsten carbide product and other high-end tungsten carbide product has kept up with the pace of foreign countries and the tungsten series product will develop with high performance, high precision and high added value
4. Accelerating product’s structure adjustment, industrial concentration increased.

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