Five Star Tool, has built a reputation for making exceptional custom CNC carbide cutting tools and is now saving manufacturing companies thousands by re-sharpening their used carbide cutting tools. Utilizing cutting edge software and carbide coatings, Five Star Tool is now able to increase the life expectancy of standard tungsten carbide cutting tools by 5 times over the original manufacturer recommendations. This Five Star Tool’s Edgemaster resharpening program is designed to provide CNC manufacturing companies an “Edge” over their competition.

Traditional CNC manufacturing companies typically dispose of used worn out carbide cutting tools costing them hundreds of dollars to replace. The innovative recycling process is designed to handle all types of cutting tools including Profile Cutters - Ball End Mills - Carbide End Mills - Variable Lead/Helix End Mills Center Drills – Centers - Corner Rounding End Mills – Counterbores - Countersinks Key Cutters - Milling Centers - Taper Shank Drills - Roughing End Mills - Saws Carbide/HSS - Spade Blades - Spade Drills - Spot Drills - Step Drills - Taper Ball End Mills - Taper End Mills - H.S.S. End Mills Crest Cut End Mills. Recycling these used cutting tools is now helping manufacturing companies save over 60% in their manufacturing process.

Once the carbide cutting tools arrive to the Rochester, NY recycling center they are sorted, processed and labeled. They are then returned to the customer in specially designed foam containers after passing a carefully inspection. Remarkably, this complete process is guaranteed to be completed within 10 days from arrival.

Five Star Tool is a privately-held, certified leader distributing solid carbide cutting tools throughout the United State for the aerospace, medical, and automotive industries. For more information or to get in touch with a representative, contact Five Star Tool at (585) 328-9580 or visit the company website at http://www.fivestartool.com to learn more.


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The new material possesses excellent bullet-proofing qualities, and ballistic tests has proved its unequalled ability to stop armour-piercing bullets, according to Exote.

Exote says that the new material is as ecological alternative as WC-Co tungsten carbide, which contains tungsten carbide and cobalt, both of which are defined by the EU as critical.

The material withstands high temperatures and has high-level strength and durability, Exote claims. The metal is ideal for the manufacture of crusher blades and shear cutters, as well as exacting product tools. In ballistic protection it can be used for both personal and vehicle protection.

VTT and Exote Ltd have carried out further development on the material Exote has in production through the use of nano additives, which enable changing its toughness and hardness according to intended use.


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Allegheny Technologies Incorporated (NYS: ATI) announced today that it has reached an agreement to sell its tungsten materials business to Kennametal Inc. (NYS: KMT) for $605 million. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to be completed during the fourth quarter 2013. As a result of this agreement, ATI will report the financial results of the tungsten materials business in discontinued operations pending completion of the transaction.

The tungsten materials business, called ATI Tungsten Materials, is part of ATI's Engineered Products segment. ATI's tungsten materials business has approximately 1,175 employees and produces tungsten powder, tungsten heavy alloys, tungsten carbide materials, and carbide cutting tools. For the year ended December 31, 2012, ATI's tungsten materials business generated total net revenue of $338.6 million, operating profit of $37.2 million, and EBITDA of $45.3 million.


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Kennametal Inc said it would buy Allegheny Technologies Inc's tungsten materials business for $605 million to boost supply of the raw material used to make its metal-working tools, increasing its exposure to aerospace and energy markets.

Allegheny's tungsten material business, ATI Tungsten Materials, makes tungsten powder, tungsten heavy alloys, tungsten carbide materials and carbide-cutting tools.

"It is a very core strategic deal for (Kennametal) that enhances its tungsten recycling capability," Longbow Research analyst Eli Lustgarten told Reuters.

Kennametal said the acquired business, which recovers tungsten from scrap, would boost raw material sourcing and accelerate plans to develop an advanced tungsten carbide recycling facility in the United States.

"We expect this acquisition to reduce our raw material costs while securing our supply of tungsten," Chief Financial Officer Frank Simpkins said on a conference call with analysts.

Kennametal's metal-cutting tools, tooling supplies and other products are used for making products such as airframes, and in mining operations and oil wells.

The deal with Allegheny also aligns with Kennametal's acquisition of Comercializadora Emura S.R.L. that closed in August, the company said.

La Paz, Bolivia-based Emura processes and sells tungsten ore material.

Kennametal's shares were up 1.2 percent at $46.54 in afternoon trading on the New York Stock Exchange, while those of Allegheny Technologies were up nearly 9 percent at $31.12.

Allegheny said the sale would help it concentrate on its high-performance metals and flat-rolled products businesses.

Kennametal said the acquisition would also strengthen its tooling business in the areas of metal cutting and metal finishing technologies, adding brands such as Stellram Products and Garryson Products.

The company said it expects the acquisition to reduce planned capital expenditure by about $30 million-$35 million.

Kennametal said it plans to fund the acquisition through a combination of cash and credit. The deal is expected to be neutral to earnings for fiscal 2014 ending June.

"The acquisition will be accretive to earnings per share within a year," Chief Executive Carlos Cardoso said on the call.

J.P. Morgan Securities LLC advised Kennametal. Goldman, Sachs & Co was the financial adviser to Allegheny, while K&L Gates LLP was the legal counsel.


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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 20, 2013) - Blackheath Resources Inc. (TSX VENTURE:BHR)(FRANKFURT:04B) ("Blackheath) is pleased to announce that the Government of Portugal has granted an Experimental Mining Licence ("Licence") for the Covas Tungsten Project in northern Portugal. The Licence is valid for a period of three years, which may be extended by a further two years, and is held by Blackheath under an option from Avrupa Minerals Ltd. Under the terms of the Licence, which replaces the previous exploration licence, Blackheath may carry out test mining programmes as well as further drilling and metallurgical work at Covas.

The Licence covers an area of approximately 1,948 hectares and has been granted for the exploitation of mineral deposits of tungsten, tin and gold. Granting of the Licence follows the established practice under Portuguese mining law and may be followed, if warranted, by the grant of a full licence for full-scale commercial exploitation of mineral deposits on the property.

"We are delighted that the Experimental Mining Licence has been granted at Covas and we will now be able to proceed with the next phase of our work programme," said James Robertson, P. Eng., President and CEO of Blackheath. "We plan to complete trenching and other surface work in preparation for starting our next round of diamond drilling at Covas, as well as at our contiguous tungsten permit at Arga, in September."

Covas is a past-producing tungsten mine and remaining historic resources on the property have been estimated at 922,900 tonnes of 0.78% WO(3) (tungsten trioxide) by Union Carbide in 1980, based on work including 329 drill holes on the property. Mineralization is open to expansion. The price of tungsten has increased significantly in recent years and is currently approximately $42 per kilogram of contained tungsten trioxide. (These resources are historic in nature, prepared by Union Carbide Corp. in 1980 and are considered relevant. However, a qualified person has not done sufficient work to classify the historical estimates as current mineral resources and the Company is not considering the historical estimates as current mineral resources.)

Highlights from the Phase 1 program completed by the Company early in 2013 included high grade tungsten mineralization of 2.11% WO(3) over 7.98 metres starting at a depth of 44.57 metres in Hole CO 7/12 at the Telheira target and 2.89% WO(3) over 5.10 metres in Hole CO 13/12 starting at a depth of 52.70 metres at the Lapa Grande target at Covas, as previously reported. Other results from the program confirmed extensions of tungsten mineralization in the skarn zones at Covas. (See news releases dated November 26, 2012 and March 1, 2013 for details)

The Covas property is located about 100 kilometres north of Porto, Portugal's second largest city. Blackheath holds the property under an option from Avrupa Minerals Ltd. to earn up to an 85% interest in a joint venture in the project, after incurring minimum exploration expenditures of EUR1 million in two stages to earn a 70% interest followed by completion of a prefeasibility study to earn the additional 15% interest. Blackheath also holds options for a 100% interest in the past-producing Borralha tungsten mine and the Bejanca tungsten-tin mine where exploration is also underway.

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Yesterday, the Ministry of Land and Resources issued the announcement about tungsten concentrate output limitation in 2013. In 2013, the tungsten concentrate output limitation is 890,000 tons. The Ministry of Land and Resources will keep the output control in 2012 and continue imposing control on total of comprehensive utilization. On December 31, 2013, the general office of the Ministry of Land and Resources issued the first of tungsten concentrate output limitation, based on 50% of output limitation in 2012. 2,000 tons of tungsten concentrate was not distributed. Tungsten concentrate output limitation which has been sent to every province and autonomous region is increased by 2,000 tons, compared with 2012. Total of primary mining is 71,000 tons and total of comprehensive utilization is 18,000 tons, increased by 1,600 tons and 400 tons respectively.

Tungsten concentrate output limitation for Jiangxi is 37,750 tons, increased by 650 tons; for Hunan is 23,100 tons, increased by 500 tons; for Yunnan is 6,000 tons, increased by 500 tons; for Guangdong is 3,260 tons, increased by 110 tons; for Zhejiang is 450 tons, increased by 100 tons; for Heilongjiang is 1100 tons, increased by 100 tons; for Xinjiang is 300 tons, increased by 100 tons; for Hubei is 300 tons, increased by 50 tons.

Tungsten concentrate output limitation for Guangxi is 3,000 tons, decreased by 110 tons.

Tungsten concentrate output limitation for Fujian is 2900 tons; for Inner Mongolia is 1,500 tons; for Qinghai is 140 tons; for Henan is 6,000 tons; for Gansu is 1,710 tons; for Hainan is 190 tons and for Shanxi is 100 tons. The output limitation for those provinces or autonomous regions is the same as last year.

The announcement requires to stopping accepting application on prospecting and mining for new rare earth or tungsten concentrate. The new set-up rare earth and tungsten concentrate must conform to output limitation and requirements for capacity balance. Compared with 2012, the fifth situation is set up: the program which is in accordance with industrial policy, mineral resources development program, configuration scheme of mining right, output limitation and requirements of provincial government should be given key support.

The announcement also stresses that the Ministry of Land and Resources will decompose the tungsten concentrate output limitation which has been sent to every local competent department of land and resources. The Ministry of Land and Resources will also inspect monthly reports or quarterly reports and check the implementation accordingly.   



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The $15 million-a-year business sells from a catalog of 12,000 carbide tools to more than 600 U.S. distributors and others in 40 countries.

Carbide is 90 percent tungsten, one of the hardest metals on the planet. Micro 100 has dozens of machines — Dale Newberry says it’s more like hundreds, but he’s lost count — most with grinding wheels coated in industrial diamond, the only substance known that will cut tungsten. The result is a cutting tool that Newberry says will stay sharp 10 or 20 times longer than steel.

Micro 100 makes a miniature end mill the diameter of a human hair for manufacturing optical and medical equipment. Its most expensive custom carbide tools sell for more than $1,000.

Newberry gestures toward his twice-expanded shop stuffed wall-to-wall with machines, some worth nearly a half-million dollars.


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Vital Metals (ASX: VML) has been issued a final environmental authority for its Watershed Tungsten Project in Queensland, clearing away for the grant of the Mining Leases.

The company is partnered with Japan Oil, Gas and Metals National Corporation (JOGMEC) and Macquarie Bank to develop Watershed, which is a ranked amongst the top 10 non-Chinese projects with potential for further growth as it is open along strike and at depth.

JOGMEC have recently secured their right to 30% of the project while Macquarie Bank provided assistance to Vital via a financial facility.

Tungsten is one of a number of “critical elements” that will become increasingly scarce from 2015 according to reports, with the Chinese already accounting for more than half of world appetite.

The company noted that the fundamentals of the tungsten market look strong with price increases in APT being matched by significant new investment in metal production.

Recently, HC Starck announced a joint venture that would allow it to increase its penetration into Asian markets while Xiamen Tungsten Co Ltd announced that it would build a US$160 million hard alloy production plant to meet increasing demand.

Vital plans to develop Watershed as a stable and reliable supply of tungsten concentrate necessary for the production of the tungsten metals that play critical roles from the tungsten carbide buttons on exploration drill bits to the high strength alloys used in the new generation of aircraft.

Watershed Scheelite Deposit currently hosts a Resource of 49.2 million tonnes at 0.14% WO3.

It is located about 35 kilometres northwest of the historic Mount Carbine tungsten deposit, which produced 10,000t WO3 over 16 years, between 1970 and 1986.

The grant of the Environmental Authority is the final step required before the Queensland Department of Natural Resources and Mines is able to consider the grant of the mining leases that make up the project.



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Tungsten resources  has confirmed it has taken ownership of the La Parrilla tungsten mine in southwest Spain.

It has initially put down €900,000 and will make further phased payments of €1.3 million in the third quarter of next year and of €500,000 12 months later.

It’s expected these will be funded from the cash flows from tailings production at La Parrilla.

The decision to move to full title ownership was taken by W following the extension drilling and initial evaluation of the mine and its development potential, it said.

Chairman Michael Masterman added: "La Parrilla will be a major tungsten mine and this decisive step will allow us to proceed with clear confidence and secure title towards development.

“With the tailings project on track to start first production later this year, we look forward to the next development phase of the mine."

Tungsten resources is sitting on one of the largest deposits outside of China. It holds a JORC compliant inferred reserve of 47mln tonnes and almost 40,000 tonnes of contained tungsten metal at a 0.09% grade.

Consultants Golder Associates also identified higher grade zones in the middle of, and adjacent to, the existing historic pit, which will be a focus for exploration going forward, the company said. There was a 0.04% cut-off grade.


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Tungsten Mining has signed a memorandum of understanding (MoU) with a Chinese investment group that would see a number of that company’s clients invest up to A$15-million in Tungsten Mining.

The investment would take place through a share subscription that would be undertaken in three tranches.

The first tranche would consist of some 12.5-million shares to raise A$2.5-million, by the end of September. The second tranche, which would have an equal number of shares, would be issued by the end of October.

The third tranche, which would consist of some 30.3-million shares, and would raise A$10-million, would be issued by May next year.

Tungsten Mining said on Monday that subject to the A$15-million raising, the MoU also provided for a definitive offtake agreement under which the investors would be entitled to acquire 50% of the Kilba project’s tungsten concentrate production, at a discount to the prevailing market price.

Tungsten MD Paul Berndt said that both the offtake and subscription agreement were subject to due diligence, as well as shareholder and regulatory approval.

“This backing will ensure that we can accelerate the definitive feasibility study of our Kilba project, and will firmly set the company on a trajectory towards developing its first tungsten mine,” Berndt said.

A recently completed scoping study into the Kilba project indicated that a 1.1-million-tonne-a-year operation could be developed for a capital investment of some A$56-million. The project, which would have an initial mine life of seven years, would deliver some 154 000 t/y of tungsten.


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