China Tungsten Industry Association Work Conference on Information Statistics was held in Nanchang on April 12^th. The conference mainly included exchanging experience, summarizing association work on information statistics last year, studying and deciding the work on information statistics and the editing of yearbook for China Tungsten Industry in 2013, and recognizing excellent information statisticians.

Zhang Chunming, the standing Vice-President of China Tungsten Industry Association, hosted the conference and gave a concluding talk. Zhang Shuning, the statistician of the Information Statistic Department, China Non-ferrous Metals Industry Association, Kong Zhaoqing, the adviser and original standing Vice-President of China Tungsten Industry Association attended the conference and gave speeches. More than 50 people including member unit leaders and information statisticians attended.

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Zhangyuan Tungsten held its annual shareholder meeting on April 20^th, and passed several bills smoothly. The company got a net profit of 132,000,000 yuan, 54.11% less than the previous year. As the industry recovers this year, price of tungsten products has started to increase, and the company plans an yearly sales revenue of 2 billion and recovery growth in business performance.

Zhangyuan Tungsten has remarkable advantages on resource, with 4 mines having mining rights and 6 diggings having exploration rights. It has scored remarkable exploration achievements in recent years. Phasic progress was made in three mined mines and an un-mined mine, benefiting the company to increase the period of mining service to stockpile sufficient resources for further mining.

Zhangyuan Tungsten is one of the few manufacturers with a complete industrial chain in Chinese tungsten industry, having a strong ability to resist risks.

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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A 7.0-magnitude earthquake struck Lushan County, Ya’an City, Sichuan Province at 8:02 on April 20^th, 2013 at a depth of 13km.

As located in Zigong County, Sichuan Province, a greater far away from the earthquake epicenter, though tremors can be felt, Zigong Cemented Carbide Company survived the earthquake without casualties and property losses. The company is operating normally at present.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten ore held steady high price recently, leading to a greater willingness for merchants to sell. Meanwhile, affected by cost, the quotation of APT was higher, resulting in a stagnant market with few sellers. Part of the low prices hover around 173,000 yuan. The entire poor shipment in the tungsten market and limited downstream delivery efforts put part of processing enterprises at risk of price hanging upside down.

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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