Primary Tungsten

That there is plenty of tungsten in the ground is not in doubt but some of the biggest deposits are in the areas where access is difficult, or have a low ore grade, making the long-term view of tungsten prices the governing factor in determining their economic viability.

Production in 2010

Not only have the sources of supply altered but so have the tungsten compounds traded, as fluctuating price differentials between concentrate and upgraded products and governmental restrictions played their part in the market.  Intermediate products include tungstates, tungsten oxides and hydroxides, W and WC powders, and ferrotungsten.

Supply and Demand

This graph compares the ITIA estimates for the production of concentrate over the last 10 years with demand, calculated by the addition of imports of concentrates (ex world) as well as imports of intermediate products from China and Russia.  As supply and demand have largely been in balance over this period, production has been supplemented by releases from stocks.  Actual consumption, including recycled material (see below), is much more difficult to assess.

Secondary Tungsten (Scrap)

Scrap recycling is an important factor in the world's tungsten supply, and the tungsten processing industry is able to treat almost every kind of tungsten-containing scrap and waste to recover tungsten, and, if present, other valuable constituents.  Tungsten scrap, due to its high tungsten content in comparison to ore, is a valuable raw material.  The recycling of scrap is very high in several countries but is probably in the range of 35-40% minimum as a global average depending on economic conditions.

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Tungsten Corp announced that it has acquired options of the tungsten mineral rights at historically productive mining properties in Idaho and Nevada. Tungsten Corp acquired the Wildhorse Mine property in Idaho and the  Cherry Creek Project in Nevada.

The Tungsten Corp president guy Martin advises, “We are very pleased to commence our activities with the acquisition of these two historically notable and prospective locations that offer great opportunity for relatively rapid resumption of mining activity. "

Both locations are already serviced with roads, electricity and water, making them ideal prospects for re-entry and eventual renewal of commercial production. We aim to mobilize teams of geologists and mine engineers to both locations shortly in order to sample, assess and prepare work plans and budgets for the upcoming field season.

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China tungsten concentrate prices move up further at the end of this week as some companies raise offers to obtain orders.

However, the demand from the downstream tungsten concentrate market does not recover, and many tungsten concentrate market participants intend to watch the market for a while. 

You can visit the following links for more information about tungsten concentrate prices. Thank you very much!

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Tungsten concentrate market runs steadily.

China tungsten concentrate prices continued to move up in the recent three weeks, and keep stable this week.

However, as some companies still keep purchasing materials, it is hard to purchase the tungsten concentrate at low prices level in the spot market. Most of the market participants watch the market for a while, and do not eager to make a deal.

You can visit the following links for more information about tungsten concentrate prices. Thank you very much!

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 China State Reserve Bureau plans to start stockpiling tungsten concentrate with an initial purchase of 10,000 tonnes .

China tungsten ore reserves have declined from 4.2 million tons to 1.9 million tons, a decline of over half, according to statistics from 2003 to 2011. The purchase, which will be undertaken by China Minmetals, the Asian country’s biggest producer of tungsten, will be equivalent to one month of national output of tungsten concentrate from China.

As a result of the purchase, the coming months will be marked by a shortage of tungsten concentrate, causing higher prices.

Currently, prices for 65-percent grade wolframite have climbed to RMB 127,000 to 129,000 (US$20,542 to $20,865) per tonne from last week. Tungsten APT min 88.5 percent is also up 2.18 percent, at RMB 185,000 to 190,000 ($29,923 to $30,731) per tonne.

Earlier this month, China’s tungsten market concentrates had seen significantly higher offers, but were lacking support. Most tungsten smelters have ceased purchasing tungsten concentrates and are watching the market. 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten concentrate market runs steadily

China tungsten concentrate prices continued to move up in the recent three weeks, and keep stable this week.

However, as some companies still keep purchasing materials, it is hard to purchase the tungsten concentrate at low prices level in the spot market. Most of the market participants watch the market for a while, and do not eager to make a deal.

You can visit the following links for more information about tungsten concentrate prices. Thank you very much!

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 carbide powder prices remain stable.

Tungsten carbide powder market continues to be quiet this week, and the trading volume keeps at low level.

The tungsten carbide powder prices are stable tentatively, and owing to the weak demand, it is unlikely for the tungsten carbide powder market to recover in a short time. 

You can visit the following links for more information about tungsten carbide powder market. Thank you very much!

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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The tungsten bar metal market runs slowly in China. The tungsten market participants are still inactive in making deals, and the tungsten bar market remains quiet for the moment.

As the raw materials prices move up sharply, some tungsten bar suppliers intend to increase offers. However, the demand from the downstream market is quiet.

You can visit the following links for more information about tungsten bar market. Thank you very much!

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 electrode market is quiet as the downstream customers are inactive in making deals.

Tungsten electrode prices are stable tentatively with few buying activities now although the raw materials prices move up.The output of tungsten electrode factory is round 10 tons per month.

You can visit the following links for more information about tungsten electrode. Thank you very much!

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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Ammonium paratungstate (APT) market keeps stable for the moment, and most of the market participants watch the market for a while with firm offers. 

The ammonium paratungstate (APT) prices are stable now. Many APT market participants expressed that the offers are chaotic in the spot market, and most of the deals depend on long-term orders.The output of an ammonium paratungstate (APT) factory  is around 20 tons.

You can visit the following links for more information about APT market. Thank you very much!

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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