The annual revenue of tungsten industry in Ganxian County reached 6.62 billion dollars in 2012 with year-on-year growth increased by 26.9%. Tungsten industry contributed 7.5 percent to the overall industrial output. Tungsten industry is undoubtedly becoming the leading force of the county’s economic growth, as it were. 

To further develop and improve tungsten industry, local government started with the integration and planning of the county’s tungsten mines, with a view to optimize the available resources. By strengthening cooperation with large institutions like Jiangxi University of Science and Technology, National Tungsten Inspection Center, Municipal Technology Innovation Center and Academy of Science, local government expected to increase the additional value and extent the industrial train of tungsten. Afterwards, local government focused on strengthening the leading enterprises which are of great capacity and potential like Duanxin Material Yuanchixin Material, Jiangwu Tungsten Alloy, with which local government provided preferential policies in finance, water and electricity supplies and talents. To boost the development of these leading enterprises, government agreed to give them priority in offering raw materials, and optimized the resource so as to make them flow into these bellwethers. Meanwhile, government has accelerated, innovation in technology, and has well managed finance to stimulate these enterprises to expand production and upgrade technique and commercialize technological results.    

There are 10 enterprises specializing in tungsten process of which annual revenue has exceeded billion yuan and 4 exceeded 10 million yuan at present.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten concentrate prices are expected to gradually rise. By the sluggish downstream demand, the weak trend of prices of non-ferrous metals, carbide as the main downstream tungsten concentrate continued to fall since 2012, the recent 65% wolframite mainstream transaction price stabilized at 113,000 yuan / ton. Taking into account the industry restrictive mining policies continue to strengthen, March domestic enterprises gradually started to bring increased stocking requirements, prices are expected to gradually rise. Long term, continue to promote urbanization will constitute support the demand for high-end carbide as tungsten industry leader, the company's future resource value is huge room for improvement. 

The carbide and Cicai gradually put into operation. The company's high-end NdFeB 2013 production capacity of 2,000 tons, part of the new energy supply to the downstream motor vehicle customers, into the production season, magnetics downstream enterprise orders will ring than to improve the level of short-term positive company earnings improved. In addition, a project the scale of construction in Jiujiang Golden Heron Carbide for an annual output of 3,000 tons of tungsten powder and 2,000 tons of carbide, is expected to put into operation by the end of 2013, the source of profits rely mainly on tungsten alloy bar, high-end products CNC blade and PCB micro-drilling business contributed little to the overall profit of the company. 

Rare Earth integration is expected to enhance the management's confidence. Of Fujian Rare Earth Group in December 2012, the average price of 28.13 yuan / share holdings of shares of 119.47 million shares, accounting for 0.175% of the share capital, and plans to continue to choose the holdings in the next 12 months, according to the market, the proportion of the total share capital between 0.5% to 2%. One of the main integration platform as the the global tungsten industry leaders and the heavy rare earth resources, large shareholder's holdings that have confidence in the company's future prospects. 

Earnings forecasts. The company expects EPS for 2012-2014 were 0.77, 0.93 and 0.20, respectively, corresponding to 53,44, and 34 times the current share price PE valuation higher than the industry average, the specific rating please pay attention to the follow-up report.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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March 4, Central Geological Prospecting Fund Management Center in Nanchang, and the Office of Land and Resources jointly held a program review will be prospecting seminar-cum-implementation of uranium, copper tungsten breakthroughs in key areas of Jiangxi Province, experts and scholars from across the country attended the meeting. Vice Governor Yao Mugen, attended the meeting and delivered a speech.

Uranium, copper, tungsten ore is the dominant mineral in Jiangxi Province, and played an important role in its economic construction in Jiangxi Province. Decades, Jiangxi Province submitted uranium reserves ranking first, exploration and development of copper resources to promote the national copper industry bases in Jiangxi Province, the cumulative proven reserves of tungsten ore forefront of the nation. It is understood that the Central Geological Prospecting Fund Management Center Jiangxi Province, uranium, copper, tungsten mine as breakthroughs in key areas designed to select key areas, and strive to put in more money in a relatively short period of time, and strive to achieve prospecting the fast break, Jiangxi better provincial mineral resource advantages into economic advantages.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Bobai County, Guangxi sixth geological team implemented the trigeminal red mine tungsten ore detailed investigation projects for geological prospecting second prize in the recently held National Nonferrous Metal Mining Conference on.

The the the Bobai County the trigeminal red tungsten mine is located in the southwest section of Chin Hang metallogenic belt (Guangxi segment) Bobai to Cenxi lead and zinc tungsten gold and silver polymetallic ore belt, Sixth Geological Team of Guangxi in the eighties of the last century in this bring work. The use of state funds since 2003, the team in Bobai trigeminal rushed to carry out prospecting work and achieved certain results, but due to financial and technical reasons, no major breakthrough. Since 2007, the team co-operation with China Minmetals, resolve the the prospecting funding problems. The use of secondary development team geological and technical personnel of existing geological data, the new theory of prospecting, prospecting ideas, prospecting model applied to work in practice. After several years of efforts, the proven resources of tungsten ore 80,000 tons, deposit scale to large scale, and the prospect of further expanding resource reserves, to achieve a major breakthrough of the prospecting.

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Rare earth industry upstream dynamic: the lanthanum cerium-light rare earth prices decline. The first 8-9 weeks of 2013, cerium oxide, lanthanum oxide, cerium carbonate, lanthanum chloride, lanthanum, cerium metal prices were down by 6.38%, 6.38%, 8.33%, 15.38%, and 4%, respectively. Upstream producers shipping difficulties, there are a large number of store goods, compared to non-dominant and private mineral separation plants, there is pressure on the sales; cautious attitude among traders, the intention of the hoard goods declined, basic alone. 

Downstream of the rare earth industry dynamics: phosphor prices fell slightly.Trichromatic phosphor 2700K and 6500K prices fell by 4.85% and 1.18% respectively.The NdFeB market enterprises operating rate, the the orders more stable, and small and medium-sized enterprises operating rate at 3-5. Hydrogen storage alloy, rare earth polishing powder market is poor. The automotive, consumer electronics and other magnetics downstream industries have signs of recovery the expected the 3,4 months Magnets downstream demand has been warmer, warmer magnitude to be confirmed. 

Increase market differences. The bullish view market into the season, downstream operating rates improve, increasing the demand for rare earth, and with the two sessions, the earth as the focus on the protection of resources, policy stimulus Xu rebound; bearish view, rare earth market seriously for greater than demand, weak demand for downstream processing enterprises, the capacity is too large, macroeconomic downturn situation did not improve the global demand for rare earth, rare earth prices are still facing downward space; see steady view, although the rare earth market supply and demand serious balance, but the rare earth prices close to cost, most manufacturers said that the low price merchants would rather stop production nor shipping. We see the flat this month, the price of rare earth, rare earth prices to see more than two months. On the one hand, the majority of rare earth species prices have basically back to the beginning of 2011, that the initial position of this wave of rare earth price gains continue to be little room for further reduction. On the other hand, in March and April, the traditional peak season of the rare earth demand and prices have some support. 

Industry dynamics and company News: Ganzhou Rare Earth Group acquired Longnan Kai-liter 60% stake; Ganzhou, Jiangxi 7 joint establishment of Rare Earth Group; Ganzhou accelerate the formation of the pace of the Southern Rare Earth Group; introduction of the semiconductor lighting energy-saving industrial planning; vanadium and titanium in Sichuan by the letter of Commission steel and rare earth industry research; rare earth resources in Yunnan is expected to be 140,000 tons; U.S. Senate proposed funding Bokan Mountain rare earth project; Baotou Steel Rare Earth intends resumed in early March; Kinwa matters concerning the acquisition of rare earth assets continue to be suspended; the morning light rare earth backdoor hopeless S * ST Tianfa claims 40 million; Lynas Malaysia rare earth refinery production. 

Industry investment strategy: rare earth industry around integration + demand "mainline mining. We believe that the excavation from industry consolidation prospects and demand-side changes. First, provincial-level rare earth industry merger and reorganization to become the focus of attention of the rare earth market parties Sustainable concern. Second, the the postganglionic downstream market demand will improve, driven by the downturn has been a long time in the rare earth industry rebound, is to confirm whether the rare earth industry key success bottoms. Individual stocks, concern Xiamen Tungsten, Zhong Ke San Huan, * ST Guanlv.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tight supply of tungsten ore market exercise alone, but the actual transaction did not follow up; the the APT quoted firm, part of the business continued to wait and see, tungsten carbide powder market is slightly confusing, the individual high prices of up to 275 yuan / kg, the corporate pressure , cautious market operation. The recent the tungsten City uplink footsteps slowdown, prices rise may be relatively small, short-term price of tungsten or remain steadily trend is expected to run.

Macro level, the Development and Reform Commission, said China's 2013 total fixed asset investment is expected an increase of 18%; institutions forecast of 3% of the CPI increase in February or broken; gradual deterioration in the euro-zone economy, the ECB or ahead of interest rate cuts.

It is reported that, there was an increase in the output of North American Tungsten, whose revenue, however, has dropped obviously, this was mainly caused by the price falling of APT(ammonium paratungstate, which is a kind of metal tungsten powder used for producing tungsten trioxide). Despite this situation, the company suggests that difficulties are temporary, the upward trend of tungsten price is irreversible and demand from customers will undoubtedly keep recovering, NAT is confident about the prospect of tungsten industry.

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Kazuki Yoshimura, Energy Control Thin Film Group, the Materials Research Institute for Sustainable Development of the National Institute of Advanced Industrial Science and Technology, has developed a switchable mirror that uses a new switching method.

Space-Time Physics - Particles, fields & forces derived from 4 dimensional space-Switchable mirrors can be switched between a transparent state and a mirror state. Their use can yield energy-saving window glass that substantially reduces cooling loads by effectively blocking sunlight. The developed switchable mirror sheet uses new gasochromic switching that is completely different from conventional gasochromic switching methods. It can control the reflection of visible to near-infrared light at a switching speed about 20 times faster than that of conventional electrochromic switchable glass. The present development can solve the issues involved in bringing gasochromic switchable mirrors into practical use. Because the thickness of the thin film that controls light is about 1/10 that of conventional films, substantial reduction in production cost is expected. Details of this technology were exhibited and presented at Nano tech 2013, the 12th International Nanotechnology Exhibition and Conference, held from January 30 to February 1 at Tokyo Big Site in Koto-ku, Tokyo. Air conditioning accounts for about 30% of energy consumption at home and at work. A window is a building component that significantly affects energy consumption. Normal window glass transmits visible light as well as heat and reduces the effectiveness of insulation. Increasing the insulation value of windows is very effective in saving energy, and double-pane glass and low-e (low-emissivity) glass with high insulation values are becoming widely used. Switchable glass can control incoming and outgoing light and heat to increase energy-saving effects by insulating heat and blocking sunlight. Electrically controllable electrochromic glass is a typical type of switchable glass. Recently, in the United States, electrochromic glass with a tungsten oxide thin film as the switchable layer has been commercialized for building applications. However, inexpensive switchable glass is required to promote the widespread use.

Glass Inspection Systems - Industry proven solutions to reduce costs in flat glass manufacturing. All conventional electrochromic glass absorbs light to control light and therefore has a drawback; the temperature of the thin film rises and the film re-radiate heat into the room. If light could be controlled by reflection, then sunlight could be blocked more efficiently. Therefore switchable mirrors that can be switched between the transparent state and the mirror state are awaited. Since 2001, AIST has been conducting research and development of thin-film materials for switchable mirrors. It has installed actual-size window glass in a real building and has demonstrated that the glass can reduce the cooling load by more than 30% compared with conventional transparent double-pane window glass.

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Ganzhou, Jiangxi, the birthplace of China’s tungsten industry, which is known as “the capital of tungsten”.

In 1907, a German cleric found tungsten deposit in Huaxi Shan Mountain of Dayu county. The history of exploiting tungsten in China started in 1914 when people found large deposits of tungsten one after another in Zhongshao, Chongyi, and Daji shan Mountain in Quannan county. In 1931,Mao Zedong who was then the bank president and general manager of “ Chinese Tungsten Ore Enterprise” of Chinese-Soviet Republic, during his term of office, the mining quantity reached near to 8000 ton, creating a wealth worth of 6.2 million yuan, by which he was able to exchange large volume of drug, salt and arms. Tungsten has played an important role in breaking through the beleaguer and economic blockade arranged by KMT.

After the establishment of the People’s Republic of China, nine state-own mines, 16 local mines and over 20 collective mines were established in Ganzhou, Ganzhou became one of the most important producing areas of raw tungsten in China even the whole world. During which time, geologists ascertained that there were 106 tungsten mines with a storage of 1.17million tons, the producing area ranks No.2 in China in terms of reserve volume, but ranks top in term of the reserves of wolframite , the area accounts for 70% of like product in China and 60% in the world.