Tungsten Mine World Ranking
- Details
- Category: Tungsten Information
- Published on Tuesday, 25 August 2015 17:42
World Ranking
In 2012, world economic resources of tungsten mine are estimated to be around 3488 kt based on United States Geological Survey (USGS) data and updated by Geoscience Australia for Australia’s resources. According to the USGS, China holds approximately 54.5% of the world economic resources followed by Australia with 11.2%, Russia with 7.2% and the USA with 4%.
The USGS estimates that world production of tungsten mine in 2012 amounted to 73 kt2 , which was similar to production in 2011. China was the major producer with approximately 84%, followed by Russia with 4.8%. Production for the USA was not recorded for reasons of confidentiality. Over the past few years, the Chinese Government has restricted the amount of its tungsten mine ores that can be offered on the world market by applying export quotas and taxes, favouring instead the export of value-added, downstream tungsten mine materials and products.
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