HC Starck recently signed a joint venture agreement with Nui Phao Mining, Nui Phao will hold a 51-percent stake in the venture, while HC Starck will hold the remaining 49 percent, according to HC Stark’s statement.

Through the partnership, the companies will look to produce value-added tungsten chemicals like ammonium paratungstate (APT) and blue tungsten oxide (BTO) from the entirety of Nui Phao’s materials.

The venture is expected to produce 6,500 tons of tungsten trioxide per year. HC Starck has committed to purchasing a significant share for its own use.
 

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Global technology metals manufacturer HC Starck recently signed a joint venture agreement with Nui Phao Mining, a subsidiary of Masan Group.

Which is one of Vietnam’s largest private-sector business groups, for the production of value-added tungsten chemicals in Vietnam.

What makes the partnership with Nui Phao significant is that the company is developing one of the world’s largest tungsten mines.

It has an expected 15-year life and is located in Vietnam. The German company believes the deal with Nui Phao is just the ticket to increase its presence in Asia.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

HC Starck recently signed a joint venture6 agreement with Nui Phao Mining, a subsidiary of Masan Group, one of Vietnam’s largest private-sector business groups.

 For the production of value-added tungsten chemicals in Vietnam. As part of the venture,  Nui Phao will begin work on the construction of a tungsten chemical plant.

With the first stage to start production sometime in August. The plant is expected to be completed in 2014.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Ammonium paratungstate offers (APT offers)  keep stable with few buying activities.

China ammonium paratungstate market (APT  market) keeps quiet this week, and the market participants are cautious in making deals.

The guiding price for APT was RMB230,000t USD426mtu, unchanged compared with those of last month. But under the current tungsten concentrate prices, it still hovers at the production.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com