The two listed companies in Australia recently updated its latest progress of the project in southwest England. Wolf Minerals  signed a construction contract about Hemerdon tin-tungsten project in Devon.At the same period, a new era of exploration companies  announced a preliminary JORC compliant reserves forecast data about the Redmoor project in Cornwall.

Wolf Minerals signed a subject of 7,500 million pounds contract  and commissioned the GR Engineering Company  responsible for its annual production capacity of 300 million tons of ore processing plant design, construction and commissioning work accordingly. Later this year, after the last financing in place for the open-air mining operating plan, the construction is about to start. The mine will produce 3,500 tons per year of grade 0.65 tungsten of ferromanganese concentrate and 450 tonnes grading 0.4 tin concentrates.

Hunan Province issued the 2013 Annual tungsten, antimony, rare earth mining total control indicator (first batch) notice. 2013 annual province tungsten, antimony, rare earth mining quota of total control is implemented in accordance with the provisions of the Ministry of Land and Resources issued in batches. In the first batch issued indicators, tungsten concentrate (tungsten trioxide content 65%) of mining total control indicators 11,300 tons, the main mining indicators of 9250 tons and 2050 tons of comprehensive utilization of indicators; quota of total control of the antimony ore (metal) mining 18,000 tons; ionic rare earth ore mined (rare earth oxides RED) quota of total control of 500 tons.

The annual mining total control targets will according to the Ministry of Land and Resources issued the province's second batch of indicators, combined with the national industrial policy, changes in the market situation as well as the region, the relevant enterprises a comprehensive evaluation of the implementation of the first batch of indicators be splitting the.

June 30, in addition to the circumstances prescribed by the Ministry of Land and Resources issued the notice of the 2012 annual tungsten antimony mine rare earth mining total control indicator (first batch) to continue to suspend accepting new tungsten, antimony, rare earth mine exploration and mining of the application for registration. Respective Municipal Bureau of State Land and Resources to do the implementation of the 2012 tungsten, antimony, rare earth ore mining quota of total control verification. Shall not be used beyond the year 2012 unfinished mining quota of total control.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Core Tip: waste tungsten market slightly lagging behind and still in a buoyant atmosphere.The merchant mentality has not been weakening, a low offer continue to move closer to the high,turnover was acceptable and waste tungsten market is expected to remain stable operation in short-term.

Waste tungsten prices keep stable and inflation. The trading price domestic waste tungsten blade that does not tax most concentrated in the 171-174 yuan / kg, imports blade 180-182 yuan / kg, scrap tungsten drill 190-192 yuan / kg, scrap pure tungsten blocks 210-214 yuan / kg, up 1-2 yuan. Scrap tungsten grinding material W content of more than 70 degrees mainstream transaction price of 1.76 yuan / kWh; 50-70 degrees 1.66 yuan / kWh; 30-50 degrees 1.5 yuan / kWh, steady.

Contract situation is not ideal, tungsten ore market gradually stabilized, the merchants shipped enthusiasm also increases. Waste tungsten market slightly lagging behind, is still in a buoyant atmosphere, the merchant mentality has not been weakening, a low offer to continue to move closer to the high turnover was acceptable, short-term waste tungsten market is expected to remain stable operation.

International markets, overseas tungsten City flat to down. The evening MB Ferrotungsten quoted on the 8th of 39-39.5 dollars / kg of tungsten, the overall decline of 0.5 U.S. dollars; the ammonium paratungstate quotes 319.375-342.125 USD / metric ton, continue flat.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Gan County  tungsten industry realized main business income of 6.62 billion yuan in 2012, a year-on-year growth of 26.9%, the tungsten industry driving large-scale industrial growth by 7.5 percentage points. The tungsten industry has become the leading force to promote the county's economic developments.


In order to make  Gan County tungsten industry bigger and stronger,  we should firstly unify integration planning and promotion to achieve the optimal allocation of resources and put emphasise on  strengthening of large enterprise groups with Jiangxi University of Science and Technology, the National Center for tungsten seized, city technology innovation center cooperation and scientific research institutes, and strive to improve the value-added  of products and extend the industrial chain. And then make the leading enterprises stronger, World Rui focus on new materials, new materials Yuanchi Jiangxi Tungsten tungsten alloy strength leading enterprises have the potential to give support in the capital, water and electricity supply, policy, personnel. Give priority to the supply of raw materials, implement county optimal allocation of resources, and guide resources gather to leading enterprises, and promote the industry bigger and stronger. At the same time, speed up scientific and technological innovation,  put the role of fiscal into full play  to support enterprises to expand their reproductions and technology updates, transform technological achievements, guide enterprises from the rough to the development of deep processing. And we should  take the science and technology, saving, environmentally friendly way of developments. Currently, there are 10  tungsten processing enterprises in the county which the main business revenue is over 100 million yuan.The  number of tax exceeding ten million is 4.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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