Recently, the Ministry of Land and Resources issued "on land and resources issued 2014 annual total volume control quotas for rare earths tungsten ore mining notice, issued 2014 mines (rare earth oxide REO) mining control index for a total of 105000 tons from tungsten concentrate (tungsten trioxide content 65%) total volume control quotas for 89000 tons of production, distribution of jiangxi tungsten ore mining index is 37750 tons, accounting for 42.42% of the total national index, the total in the country first.

According to the arrangement of notification, the competent department of the Ministry of Land and Resources in Jiangxi province will do a job in index decomposition and issued within 30 working days, which will be the province (area) index allocation issue, announcements, and be submitted to the Ministry of Land and Resources for the record. The competent department of the of Ministry of land and resources at the county level will be signed with the mining enterprise responsibility, clear rights and obligations and liability for breach of contract. The mining right person shall seriously implement the system of rare earth monthly and tungsten quarterly, timely, accurate and standard to carry out online newspaper.

In the notice also states that before June 30, 2015, in addition to the following conditions, stop accepting new rare earth ore and tungsten ore prospecting, mining registration application.

One is the key project approved by the state council and the use of the central geological exploration fund or provincial-level special financial funds to carry out the study, census and necessary detailed survey projects;

Second is large rare earth enterprise groups designated by the state in accordance with the "total amount control of exploitation, mining store balance" the requirements of the rare earth mineral exploration and mining projects;

Three is determined according to the provincial mineral resources development integration scheme of the integration of the mining area, the existing mining right, the need to integrate the mineral exploration right;

Four is the existing mining enterprise within the scope of resources in the mining right, cannot normal production in the project and apply for use original production system to expand exploration of mining areas adjacent to the area; Five is according to the central regions economic support policy, the ministry of land and resources with the relevant people's governments of provinces (area) signed an agreement to support key construction projects;

The central government to the shall support the destitute areas determine direction of support poverty alleviation and development, need to focus on supporting the construction of the project; Six is in line with national industrial policy, mining right setting scheme and mining of mineral resources planning, total amount control requirements, requirements and specifications of the people's government at the provincial level, the need to give support for the construction of the project.

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Rely on resources advantage and the existing industry advantages, Dayu county speed up the pace of transformation and upgrading of traditional tungsten industry, which focus on the introduction of a batch of high technology content, high added value and strong industry associations, new projects to promote the tungsten industry value chain transfer.

With a total investment of 350 million yuan of Dayu county Weiliang Tungsten Industry basic completion of the project main body construction, is currently in development stage, the project introduction of central south university hot alkali ball mill and two patents in the process, using alkali pressure boiling hot ball mill, vibration ball mill, ion exchange, in the process of alkali decomposition process, reaches producing standard, which can achieve an annual output value of 1 billion yuan. Signing up to now, the county industrial park in 49 for tungsten and non-ferrous metal processing, 28 projects under construction.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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APT weak market demand, the market mainstream prices temporarily disadvantaged stabilization: on the one hand, because of the factory or production operation and market supply reduce; on the other hand caused by some institutions continue to purchase APT, APT manufacturer not backlog of inventory, product unsalable.ZhangYuan, Jiang Xiyao rise, hunan spring chang APT near the price is in 162000 yuan/ton, partial businessman for cash-strapped small cheap cash treatment, low price of 160,000 yuan/ton, but the quantity is little, small probability.

Sodium tungstate market particularly quiet, downstream pigment market continues to weaken demand for sodium tungstate, manufacturer production enthusiasm is low, less market inquiry, factory production reduces to maintain old customers , almost no new order. Late sodium tungstate price or will dip slightly weaker as the raw material market, gradually approaching 120,000 yuan/ton.

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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Tungsten concentrate rised with suppliers, buyers demand, buyers and sellers stalemate, clinch a deal difficult, no market, has a price downturn in the demand for market participants to late tungsten market don't have good expectations, short-term market is expected to continue to run the weak.

For macro aspect, gasoline and diesel oil price per tonne 190 yuan and 190 yuan respectively; The RMB spot exchange rate high refresh 5 months, the recent settlement of exchange demand increase. External demand improve China's export data better.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
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Tungsten concentrate shippers sell, purchase price, buyers and sellers stalemate, turnover difficulties, the city has no price, demand remains in the doldrums, the market does not have good expectations for late tungsten city, although recently because of the influence of raw materials of tungsten concentrate prices caused by the loss, but the price of tungsten concentrate basically is low, has rise may, expected short-term market remain vulnerable to run.

Tungsten belongs to the rare metal varieties, and global reserves are limited, and China tungsten mining and production quotas strictly limit, which is beneficial to the healthy development of tungsten ore mining enterprise; reserves expansion also more conducive to the development of tungsten resources in the domestic leading.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Tungsten market: tungsten, shippers sell, buyers to suppress the price, almost no city has a price. Both are not a sign of weakness, hard to trade, prices temporarily weak stabilization. Demand remains in the doldrums, the market did not expect the tungsten rose. Sodium tungstate market is very quiet, pigment and so on sodium tungstate downstream market demand remains in the doldrums, the manufacturers of enthusiasm is low, the market inquiry, many manufacturers cut production to maintain old customers, almost no new orders. Tungsten products market weakening operation, business mentality differences, the market turnover is not smooth, strong wait-and-see atmosphere. Expected short-term continuation of weakening trend.

Tungsten market: tungsten market remains in the doldrums, tungsten concentrate almost no price city, little turnover. Spot unsalable serious, most manufacturers to secure capital goods, working pressure, mutual seesaw, light turnover. Waste tungsten market is wait-and-see, overall trading atmosphere deserted, shippers attitude is poor, the current low-cost resources still more, but most offer still stronger. Tungsten businesses currently operating enthusiasm is low, a temporary market.

Tungsten market remains in the doldrums, tungsten concentrate almost no price city, little turnover. Shippers cannot continue to firm offer, the recent market prices are slightly loose, the current price of tungsten concentrate and prices are at a low ebb. Market inquiry positive but the price is low, shippers are low price sell, trade between the two sides will present price difference of about 2000 yuan / ton, mutual seesaw, light turnover.

It is understood now market Scheelite Concentrate supply of goods more, not including tax price fell more obvious, wolframite and Scheelite Concentrate price difference big. This week is expected to price of the tungsten or mainstream stabilised, wolframite concentrate price and transaction or relatively strong, white tungsten concentrate prices or more approximation interval low, to 100000 yuan / ton.


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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China-Kinwa ongoing with self-raised funds of 950 million yuan directly acquired 100% Dechang Thick Rare Earth is still in progress. The bid has been ongoing since 2013.

If the bid is completed, China-Kinwa is expected to complete the important step on the new energy industry chain.

After the release of public information, the acquiree guarantee Xichang under Dechang thick earth can have mine holds the reserves of not less than 600000 tons of rare earth metals, mine in 2013 approved by the state mining amount not less than 10000 tons.

At present, the company asset acquisition related assessment and audit work continues, and the latest progress of geological report matters related preparation work has finished. At the same time, the geological material has been sent to the Audit Center Department of land and resources of Sichuan and has been accepted. The review work is being carried out, through the review, the review center can be sent to land evaluation opinions Department of Sichuan province mineral resources reserves are reserves for work. Audit approach to carry out the work and obtain most of the materials added missing data; evaluation of auxiliary work has been completed, then the report issued by the assessment report after the completion of the record of geological reserves. Flotation production line construction work has been completed, the ongoing flotation production test of the production line.

Analysis of a long-term interest in China­­­-kinwa said that, China-kinwa had promising prospects about rare earth resources of its development prospects of, what’s more, rare earth resources are a very important part of the new energy industry chain  of the company in recent years. And rare earth resources are scarce, the company will not give up easily, acquisition and integration of industrial chain to be in China-kinwa is most urgent desire to complete as soon as possible. With the national policy on rare earth frequent positive, if the acquisition is completed, China-kinwa will have a significant impact on the business performance.

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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The overall market is still vulnerable to tungsten, tungsten scrap market turnover is also very weak, poor business mentality, a strong wait-and-see mood, currently on the market price of resources is still more. Although “ the golden nine silvers ten ” coming, but short-term demand is difficult to improve, is expected in late August or market will continue to be weak, suggest goods merchants moderate price go goods, need the amount of goods at the end of the month.

Tungsten scrap prices continue to maintain stability. At present, the waste tungsten bit is not including tax price concentrated in the mainstream 188-189 yuan /kg, domestic waste tungsten blade 168-170 yuan /kg, imports of scrap tungsten blade 178-180 yuan /kg, scrap wire drawing die 178-180 yuan /kg. Waste tungsten grinding material 30-40 traders purchase price concentrated in the 1.45-1.5 yuan / degrees, 50-70 degrees concentrated in the 1.55-1.7 yuan / degrees, 70 degrees or more concentrated in the 1.7-1.75 yuan / degree.


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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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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