After an intense rush mid January, two days Scheelite spot market purchases raw enthusiasm cooled slightly, on the one hand because of the business you want to hoard goods have been purchased part, on the other hand is a downstream tungsten products manufacturers discontinued gradually by reducing the demand for raw materials tungsten concentrate.

I know that the price of 60 degrees wolframite in 82,000 yuan / ton, some even 83,000 yuan / ton, 60 degrees scheelite traded in 8-8.1 yuan / ton. Spot market slightly scheelite stock sale, but little resources wolframite, wolframite cargo operators reluctant to sell sentiment thicker, buyers also prioritize wolframite. The main reason is wolframite tight pin: wolframite usefulness broader, more convenient dosing, both holding the goods or the purchaser is a priority hoarding wolframite, later take the goods and produce are more advantages .


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According to the Bolivian National Statistics reported that in 2014 the country's mineral exports to $ 2.04 billion, an increase of 3.8% over the previous year.

Zinc, lead, copper, gold, tin, silver, tungsten and antimony exports growth. Where the zinc exports $ 981 million, up 30%; copper exports to $ 060 million, an increase of 22.3%.

September 2014, the annual production capacity of 51,000 tons of Karachi Pam Pa (Karachipampa) smelter production.

Silver exports to $ 703 million, down 16.4%; lead exports $ 160 million, down 4.7%; tin exports of $ 020 million, down 44.5%; antimony exports of $ 033 million, down 26%; tungsten exports amounted to $ 028 million, down 5.7%.

Refined gold exports $ 1.36 billion, an increase of four times; refined tin exports of $ 348 million, an increase of 3.3%; silver exports of $ 130 million, down 21.5%.

Peruvian and Bolivian government officials have admitted illegal miners are from border smuggling gold.

Bolivia's total exports in 2014 was $ 12.9 billion, compared with $ 12.2 billion in 2013 an increase of 5.7%. Where oil and gas exports to $ 6.6 billion, a slight increase of 0.8%. Oil exports accounted for 51.1% of exports.


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Tungsten market: With the Spring Festival approaching, the tungsten market reluctant to sell the whole mood darker, more home tungsten smelter production orders, shipments active low, tungsten concentrate market before buying phenomenon is relatively slight cooling, but hold stocks still reluctant to sell darker mood, Scheelite spot market transactions stalemate, tungsten prices overall rose slowly, but the terminal needs to improve Write, tungsten prices rose weakness.

Molybdenum market: molybdenum market prices accelerated decline since the week, molybdenum materials businesses continue to cut ex-factory price, the purchaser tighten purse sidelines, molybdenum iron below 80,000 yuan mark, low near 79,000 yuan.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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With the Spring Festival approaching, the downstream powder, APT manufacturers have discontinued the end of maintenance, reducing demand for raw materials tungsten concentrate, tungsten concentrate market before buying phenomenon is relatively slight cooling, but the sentiment is still reluctant to sell goods holders doctrinal, Scheelite spot market turnover stalemate, a small amount of the transaction price are mostly 8.2-8.3 yuan / ton price of transactions.

It is understood that 60 wolframite mainstream offer 84,000 yuan / ton, the price has risen to 82,000 yuan / ton or more, because of spot purchases difficult, high-grade scheelite and wolframite post relative reduction of 60 degrees scheelite hold stocks of foreign asking is 8.2-8.3 yuan / ton.

Currently the mine is still at a relatively low price, the latter even without price increases, more limited declines, the risk of hot money into the tungsten and now the city is relatively small, so the traders and the hot money is still on active inquiry Scheelite intends store point of shipment, the coming year make the difference.

Analysts believe that the end demand is still weak, the raw material inventory is really large Scheelite history, it is expected before the Spring Festival tungsten concentrate prices rose fatigue, post or continue to firm, still was up possible.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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With the Spring Festival approaching, the tungsten market reluctant to sell the whole mood darker, more home tungsten smelter production orders, shipments active low, slow rise in the overall price of tungsten, but the terminal needs to improve Write, tungsten prices rose weakness.

Currently the mine is still at a relatively low price, the latter even without price increases, more limited declines, the risk of hot money into the tungsten and now the city is relatively small, so the traders and the hot money is still on active inquiry Scheelite intends store point of shipment, the coming year make the difference. Since the terminal demand is still sluggish, really large inventory of raw materials Scheelite history, it is expected before the Spring Festival tungsten concentrate prices rose fatigue, post or continue to firm, still was up possible.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: tungsten spot market turnover continued difficulties, raw tungsten concentrate cargo operators reluctant to sell, market purchases difficulty and sustained by the support price was up; lower operating rates of sodium tungstate market, manufacturers offer a basic stabilize, the market price a little confused, are generally demand procurement, downstream smelters due to raw material supplement family difficulties, and shipping is not positive, expect the recent price of tungsten or stabilization based.

Molybdenum market: the market price of molybdenum iron fell to around 80,000 yuan today, buyers wait and see mood darker, while molybdenum raw material suppliers this week slightly lowered the factory price, molybdenum market bottom prices continue.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten ore traders and active inquiry hot money, waiting for cargo operators reluctant to sell tungsten Festival City, 60 wolframite mainstream offer 84,000 yuan / ton, the price has risen to 82,000 yuan / ton or more, and thinly traded stock, is expected to near or ore prices stable and strong.

Sodium tungstate market lower operating rates, manufacturers offer a basic stabilize, the market price is slightly confusing, usually demand procurement, mainstream price concentrated in 10.2-10.3 yuan / ton, but also a small amount of low-cost selling, there are low-cost price appears below 100,000.

APT smelter operation active low home: on the one hand a lot of the smelter at home a lot of money are also pan-Asian trap, the operation is more passive; on the other hand upstream Scheelite reluctant to sell goods holders get emotional, ore prices continued edged, APT smelter home supplementary material difficulties, resulting in the production of positive APT smelter home low, limited APT spot market. It is understood that acceptance APT foreign manufacturers offer more of 13.5-13.6 yuan / ton, cash offer also 133,000 yuan / ton. Ganzhou some small manufacturers or APT generation plant shutdowns now, by the end of January or more factory shutdowns.


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January 23, the Ministry of Mineral Resources held the third round of planning work video conference, for a new round of re-mobilization planning work to deploy.

According to the China Land and Resources News reported January 26, the third round of the preparation of mineral resources planning will focus on four aspects.

One is to improve the development and utilization of the total regulatory mechanism, according to the national industrial policy, different circumstances, the classification regulation, the reasonable control of the total amount of resource extraction, mining economy to maintain a stable and healthy operation. For coal overcapacity class resources, strict checks; for rare earths, tungsten and other traditional and emerging strategic mineral mining, the implementation of total production control; for oil, iron, copper, aluminum and other domestic shortage of minerals, to encourage the implementation of prospecting and mining and other policy measures.

The second is to optimize the layout of the development and utilization of mineral resources, good strategy guide layout, proposed a number of mineral resources exploration and development base, an important strategic core area of the protection of national security resources to form in space. Good management functional area, delineated a number of national planning mine, mine, and key mining areas of great value to the national economy, restrictions and prohibitions and restrictions on prospecting and mining area, delineated blocks prospecting and mining planning.

The third is to develop differentiated minerals policy and regional policy differentiation. Provinces (cities, districts) must be practical, clear the area of mineral resources management policy guidance and access conditions. 'Fourth, resources and support efforts to build a platform to prospecting breakthrough strategic action-oriented line with the theme of green mining ecological civilization construction platform for research with a combination of geology and mineral technology innovation platform, seven planning and implementation platform.

It is understood that, in accordance with the unified arrangements of the Ministry, in July this year to complete the preparation of the provincial planning framework, the completion of the national plan for approval to publish and provincial planning department review report before June next year, before the end of next year to fully complete the work at all levels of planning approval . Planning for unfinished areas, will not be accepted conduct interviews or prospecting and mining rights application.


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A manufacturer of advanced surface coatings, will invest $7.25 million to establish its first Virginia operation in Henry County.

The company will create 29 new jobs with an average salary of $50,000, which is well-above the average prevailing wage in the region, Gov. Terry McAuliffe said.

Virginia successfully competed against Oklahoma and Texas for the project.

It is a provider of advanced tungsten carbide-based coatings that significantly increase the life of critical metal parts operating in abrasive, erosive, corrosive and chemically aggressive environments. The company was formed in 2000 by a team of U.K.-led venture capitalists to develop and commercialize a process that was invented by scientists at Moscow State University.

McAuliffe approved a $150,000 grant from the Governor’s Opportunity Fund to assist the county with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $170,000 in Tobacco Region Opportunity Funds.

A provider of surface coating technology (Hardide Coating) has today announced investment in a new Virginia manufacturing plant worth £4.5 million.

The investment will see Hardide Coatings expand the availability of its nanostructured coatings throughout North America.

The 26,000 ft2 facility in Martinsville, Virginia, will house new and bespoke chemical vapour deposition (CVD) coating reactors as well as the latest pre-treatment, inspection, quality assurance and finishing equipment. It will service existing and new customers in the oil and gas, aerospace, flow control and advanced engineering markets.

Boosting business

The facility is expected to be operational in the fourth quarter of 2015 and to create up to 29 jobs in the first three years. The investment follows Hardide’s recent increase in capacity at its UK facility in Bicester.

“Demand from customers in North America is developing well and a local production facility will significantly boost the business available to us,” said Philip Kirkham, CEO of Hardide plc. “It will provide a strong platform for developing further business as well as the diversification of our customer base.”