Foreign media said that one of the reasons is located in southwest England Devon He Modeng project began causing concern is that this is 45 years to enable the UK 's first new mine , but the more important reason is that here the production of tungsten, this is for many industrial activities are extremely important an element , and it is the same and rare earth resources controlled by China .

According to the U.S. "Forbes " magazine website reported on May 12 , the high hardness of tungsten , heavy weight , high melting point , in the past mainly for the manufacture of the filament . Today , its main purpose is to manufacture cutting tools, as well as high-strength steel and armor-piercing rocket nose cone such weaponry.

In the first and Second World War period, the British army used tungsten mainly from He Modeng mine , but later the mine closed.

He Modeng tungsten ore mining project is based on a rich tungsten element is called wolframite , and a number of large mining companies want to re- develop this project, but have failed , including the once very famous American mining companies Amaks companies.

 He Modeng mine owner is the latest Australian mining company Wolf , the company has been experiencing great difficulty attracting investors , largely because of timing issues and the outside world to understand the importance of tungsten too less .

Another factor is that few people think that the British government would approve mining in the country , in the last 30 years, most of the mines have been shut down Britain .

Wolf bought the company in late 2007 He Modeng mine, but soon found it difficult to spend the next few years the market downturn, but also completely change the banking system after such a military and industrial uses of metals important characteristics generally ignorant state.

Two years ago, the British Geological Survey Institute 's assessment of the risk level of the supply of tungsten highlights the importance of tungsten at the highest risk level for the next 10 , the Institute of Geological Prospecting score of 9.5 , with the same level of risk of rare earth , As the production and consumption of these two resources have been dominated China , China can decide the amount of supply to other countries.

Eliminate the presence of tungsten entrenched understand Wolf 's been a big burden on the shareholders' meeting , it will pave the way it should be financially , you can speed up the mine is located in Plymouth and a tungsten processing plant construction work .

After the operation,He Modeng mineral products divided into two, namely tungsten concentrate and tin concentrate. Tungsten will be sold to companies manufacturing high- strength tools .

Reported that , from an economic point of view, He Modeng mine will bring very profitable , but the market for tungsten and highly specialized transactions do not understand is another negative factor has been facing investors .

Value of one ton of tungsten is about $ 36,000 . Wolf and other manufacturers are selling tungsten tonnes degrees measurement, the current price is around $ 360 , about three times the cost of $ 110 per metric ton of degrees .

Wolf Company's ability to make the past 45 years the company was not able to make other big thing , it depends on the success of its projects completed and put into operation in the first half of next year could concentrate .


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Tungsten city running smoothly , needs no improvement , business operations dilemma inquiry ore increased, but mine will ship very low spot market purchases difficult, wait and see mood enriched , ore price is expected this week or in the 10.3-10.6 hovering between yuan / ton.

Macro level , China's rare earth resources brewing once again raise taxes ; European Central Bank next month or € 200 billion stimulus push to implement negative deposit rates ; New York crude oil futures closed up 0.6 percent at 102.6 U.S. dollars / barrel.


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May 19, 2014 tungsten reference price of all varieties :

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As demand continues to expand , carbide rod market to outstrip supply, its quality demand is also facing difficulties . At present, the detection of carbide rods commonly used artificial means , human consumption more stable test results , automated test equipment manufacturers increasingly favored by the majority .

With the surge in demand , ultra-fine grain carbide rod has been more widely adopted . In the field of high-speed cutting , because the tool security, high standard reliability , durability requirements , solid carbide internal and surface quality requirements are more stringent. With Carbide Rods especially ultrafine carbide intrinsic quality continues to improve, the quality of the overall situation carbide surface more and more attention .

It is understood that the domestic manufacturing enterprises carbide began to increase, the market prospects are very impressive. The face of growing demand for year Carbide Rods , traditional detection methods can not be fast , accurate , effective detection , so many manufacturers of automatic test equipment needs more urgent .


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Tungsten market : tungsten ore market inquiry has also increased , but still buyers and sellers expect spreads , the market turnover continued stalemate , the current turnover of more also demand procurement , reducing traders operate. Tungsten scrap market continues to maintain a steady trend, due to the transaction performance is acceptable , the overall amount of resources coupled with much , so the business mentality is relatively strong, the price is not strong , the blade of which demand is relatively good , so the market is relatively strong, short-term spot market traded tungsten material or there is no breakthrough .

Tungsten Market demand remained weak, weak tungsten concentrate prices, continued stalemate between buyers and sellers, transaction difficulties. Manufacturers due to low prices and sellers, many hold stocks even pause quotes, only a few take the goods to maintain old customers; downstream tungsten smelter home and procurement of raw materials due to the difficulty in marketing the product difficult to raise prices, even though active inquiry, but also the actual transaction limited.

It is understood that the mainstream market price of tungsten concentrate concentrated in the 10.4-10.6 yuan / ton, cash transactions concentrated in the 104,000 yuan / ton, the redemption price focused 10.5-10.6 yuan / ton. Weak and demand is expected to support the game between cost, short-term or temporary tungsten concentrate prices stabilize.


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Tungsten concentrate prices have gradually stabilized, tungsten scrap market continues to maintain steady trend, due to the transaction performance is acceptable, the overall amount of resources coupled with much, so the business mentality is relatively strong, the price is not strong, the blade of which demand is relatively good, so the market is relatively firm. Tungsten scrap market is expected to more than short-term steady trend will continue.

Tungsten scrap prices continue to hold steady. Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh; 50% <W <70% ,1.65-1 .75 yuan / kWh; 30% <W <50% ,1.45-1 .55 yuan / kWh, steady .

Overseas tungsten market continues steady run. 16 MB ferrotungsten evening Rotterdam quote 43-43.5 USD / kg tungsten, ammonium paratungstate Europe quoted 365-375 U.S. dollars / metric ton, quotation 360-370 dollars / metric ton, steady. Expected short-term overseas tungsten Costco will remain stable trend.


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According to the Ganzhou Tungsten Industry Association Secretary General Qiu Wanyi said, Tianjin Bohai commodity exchange has been the public listing of tungsten concentrate and new varieties of APT, is expected at the end of this year 6 transactions, product delivery warehouse located in Ganzhou.

According to Qiu Wanyi said, tungsten concentrate, APT listed on the Bohai quotient of tungsten raw material market specific positive effect, will change the sales and purchase mode for electric business platform operation, to control costs, increase business opportunities; from the supply and demand of the parties to the protocol pricing mode to the spot pricing model, transaction price will be four main market is the producer, consumer, traders, speculators bid form, truly reflects the product prices in the spot market.


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According to the EPA Chongyi County news , recently, southern Jiangxi tungsten smelting industry solid waste pollution prevention and the " National Hazardous Wastes" revision of the discussion will be held in Chongyi County . The meeting was chaired by the Chinese Academy of Environmental Sciences Institute of Solid Wang Qi , director , Chongyi County deputy secretary , deputy governor Zhong Bin, attended the meeting. Experts from the Ministry of Environmental Protection , Jiangsu , Guangdong, Chongqing and the province , city, county , academics , leadership, business executives a total of 35 people attended the meeting.

At the meeting, Chongyi County tungsten industry business executives on the current county tungsten smelting slag produced by the handling and experts, scholars, leaders conducted in-depth exchanges. Participants with their own work , from a professional , normative , practical, and other aspects of the "National Hazardous Wastes" amendments put forward opinions and suggestions. The conference gathered a lot of comments and suggestions on further standardize the system , to promote enterprise development and environmental protection have a positive effect.


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Tungsten prices steady run . The current mainstream market trading price of tungsten powder concentrated in 261-263 yuan / kg, native tungsten concentrate in 260-262 yuan / k. Tungsten concentrate prices stabilized stabilized, powder merchants offer still confusing, some businesses will is not strong shipments , quotes remained high , some low-cost cash-strapped businesses will take the goods , leading to the level of spread is still large .

Market price of tungsten concentrate of steel around 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg, the mainstream is still stable. Finished goods merchant power price adjustment is relatively low , steady watching the majority, so the market is relatively stable. Tungsten products market is expected to more than short-term steady trend will continue .


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