Tungsten concentrate offers firm but trading volume small

China tungsten concentrate prices are stable this week, and many suppliers are cautious in making deals with watch attitudes. The trading volume is small in the spot market.

A  tungsten concentrate factory  noted that they make offers for wolframite 55% at RMB148,000-150,000t USD373-378mtu this week, and some offers are at above RMB150,000t USD378mtu.

You can visit the following links for more information about tungsten concentrate offers.

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

Indian tungsten carbide powder market keeps stable.

Indian tungsten carbide powder market is quiet, and the trading volume is small. Many customers are inactive in making deals, and intend to watch the market for while.

A trader based in India expressed that they receive offers from China tungsten carbide powder suppliers at  65.00-69.00USD/KG.

You can visit the following links for more information about  tungsten carbide powder 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

Japanese ammonium paratungstate market ( APT market) sees few deals.

Japanese economy recovers slowly and tungsten market sees little improvement. Most traders and consumers watch the market when the prices for China tungsten products keep increasing.

Furthermore, many Japanese customers will leave market for summer holiday, and they have no plan to make purchasing in the following two months.

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

Trading remains thin in China ammonium paratungstate market (APT  market).

China ammonium paratungstate market (APT  market) continues to be inactive this week. The prices for APT are stable now, but owing to the soft demand from the downstream customers, the trading remains thin in the spot market.

A source from an APT factory based  noted that they make offers for APT at RMB228,000t USD422mtu this week.

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

In recent months, there have been a number of very positive developments that will further improve the economics of the project.

The overall mining industry slowdown has led to a significantly reduced operating and capital cost structure. Contrary to many other metals, the tungsten price continues to appreciate in US dollar terms.

Which coupled with the declining Australian dollar, has resulted in significantly higher Australian dollar tungsten prices in recent months.
 

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

Vital Metals is looking into the economic viability of tripling production at the proposed Watershed project in Queensland Australia.

Through the feasibility study, some preliminary findings were made, suggesting that tripling production at Watershed was a feasible option.

The extended feasibility study would examine increasing production from the currently proposed one-million tonnes a year to three-million tonnes a year.

Early indications show that the capacity could be achieved for a capital expenditure of some A$150-million.
 

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

Wolf Minerals Limited released its quarterly activities report for the period ended on June 30, 2013. The Company achieved major milestones in the development of the Hemerdon Project, including the commencement of a £75 million EPC Contract and the finalization of a A$213 million debt funding package.

Highlights from the June quarter include:
£85 million Mining Services Contract awarded for Hemerdon Project, subsequent to quarter end.
First drawdown of US$82 million funding package from RCF completed.
£75 million EPC Contract for Hemerdon project commenced.
Binding Tungsten Off-take agreements completed.
Board changes announced.
Land acquisition process at Hemerdon site ongoing.
Tungsten price at long-term highs – APT ~$400/mtu.
 

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

Vital Metals may triple the size of its planned tungsten mine in Australia to 3 million tpy on expectations that a weaker Australian dollar, lower production costs and a strong tungsten market will make the project more profitable.

The outlook for tungsten is brilliant on China’s robust demand, Mark Strizek, Vital’s managing director said in a statement. Ongoing quota on APT exports and ban on the export of tungsten concentrate continues to put pressure on prices.

“China has the world’s biggest tungsten resources and accounts for about 80 per cent of global consumption but they are now importing it to help meet domestic demand,”
 

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

Chinese tin producer Yunnan Tin Company (YTC) plans to spend 3.5 billion yuan ($566 million) to move its main smelting facility from Gejiu city, in order to comply with the Chinese government’s environmental policies.

Of this total, plant construction is expected to cost about 1.9 billion yuan. YTC – which is the world’s largest tin producer – will move its smelting facility to the Mengzi Economic Development Zone in Yunnan province.

Its new copper and lead smelters are already located there, and it plans to upgrade the tin smelter to a 70,000-tpy plant. The relocation project is expected to take three to five years to finish.

The company’s existing tin plant, which underwent major upgrade work with the installation of an Ausmelt furnace in 2002, is situated within Gejiu city.

Under the entry requirements for the tungsten, tin and antimony industries, set out by the Chinese National Development & Reform Commission in 2006, smelters that are within 1km of residential areas must be relocated.
 

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

North American Tungsten Corporation Ltd. (the "Company") is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants").

 To two directors in connection with the previously announced extension of  the Company's CAD$12,000,000 working capital loan facility.

Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 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