The Fujian Provincial Department of Natural Resources recently announced, as part of its response to Proposal No. 20251363 from the Third Session of the 13th Fujian Provincial Committee of the Chinese People's Political Consultative Conference, several measures to promote the large-scale development and utilization of mineral resources. Focusing on strategic resources, five national planning mining areas have been designated: Xinluo Wan'an Rare Earth Mine, Shanghang Yangpokeng-Wuping Jinqiao Rare Earth Mine, Wuyishan Shangxikeng-Pucheng Hantangwu Molybdenum Fluorite Mine, Gutian Xichao Molybdenum Mine, and Dehua Shuangqishan-Dongyang Gold Mine. These areas aim to establish a modern, efficient resource development and utilization demonstration zone through unified planning and optimized layouts, promoting large-scale and intensive resource development. Additionally, based on the current state of key and strategic mineral development in Fujian, six energy and resource bases have been established: Longyan Makeng Iron Mine, Longyan Zijinshan Copper Mine, Pucheng Longtangsi-Yilishuping Fluorite Mine, Shaowu Nanshanxia-Daping Fluorite Graphite Mine, Qingliu Weijiashan-Yong'an Yinkeng Fluorite Mine, and Ninghua Xingluokeng-Qingliu Guomuyang Tungsten Mine. These bases will receive prioritized support in industrial planning, major project arrangements, resource allocation, and related policies to drive large-scale resource development and industrial clustering, forming a strategic core area to ensure a secure mineral resource supply.

The Fujian Provincial Department of Natural Resources recently announced that the Tungsten Exploration Project in the Sanjingjue tungsten mine of Shaowu City and the 1:50,000 Songkouping Regional Mineral Geological Survey Project in Fujian have both passed their field inspections with an excellent rating.

Recently, the 514 Geological Brigade of the North China Geological Exploration Bureau announced that the resource verification report for the Shamai Tungsten Mine project, implemented by its Mineral Exploration Institute, has successfully passed the expert review by the Ministry of Natural Resources. Exploration revealed the immense potential of the Shamai Tungsten Mine, with resource reserves reaching a new high and the discovery of associated minerals like silver. The total identified wolframite metal content exceeds 40,000 tons, with newly added resources reaching the scale of a medium-sized tungsten mine. This achievement holds significant importance for China's tungsten resource reserves and related industrial development.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are at a high level and sideways, and the psychological game of all parties in the industrial chain has intensified.