Research and Development Prospect of China’s Tungsten Ore Market, 2013-2017 I

Huidian Research released “Research and Development Prospect of China’s Tungsten Ore Market, 2013-2017”, which mainly analyzes the market scale, technical status, market competition status, import, business performance of key enterprises, as well as the analysis and forecast of future development in the tungsten ore industry, which can provide enterprises and investors with decision-making reference.

China’s tungsten reserves account for 70% of the total global tungsten reserves; the output and export volume of tungsten ore have been ranked the first all over the world for a long time. However, the annual total tungsten mining volume is limited, so the tungsten supply is also subject to limitation. China’s tungsten ore has supplied the world at low price for long time, and 85% of world’s tungsten comes from China.

China’s tungsten resources are widely distributed in 23 provinces (autonomous regions), according to preliminary statistics, there are 382 tungsten ores in China, which mainly distribute in Jiangxi, Hunan, Guangdong, Yunnan, Guangxi, Inner Mongolia and Fujian. As for tungsten reserves, China’s tungsten resources mainly distribute in Hunan and Jiangxi. As far as the types of tungsten ore, China’s main type is white tungsten ore, followed by black tungsten and black-and-white mixed tungsten ore, the proportion is 69%, 22% and 9% respectively. As for different regions, Jiangxi is mainly based on black tungsten concentrate, Hunan is mainly based on white tungsten concentrate and Henan is mainly based on the byproducts of molybdenum ore.

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