Tungsten concentrate market continues to be inactive.

China tungsten concentrate prices are stable this week. It is announced the offers for wolframite 65% at RMB160,000t USD403mtu, and the offers for scheelite 65% at RMB159,000t USD401mtu in August, which increased by around RMB5,000t USD12.6mtu compared with those of last month.

But most of the market participants hold wait-and-see attitudes towards the future market, and the trading volume is small in the spot market.

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

Tungsten carbide powder suppliers hold offers stable.

China tungsten carbide powder suppliers hold offers firm this week, but the trading keeps thin owing to the soft demand. Many tungsten carbide powder suppliers expressed that under the current tungsten concentrate and APT prices, the tungsten carbide powder prices are hovering at the production cost. While on the weak demand, it is difficult for the tungsten carbide powder prices to move up in a short time.

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

HC Starck’s CEO, Andreas Meier told in a recent interview that he believes tungsten demand is starting to stabilize. Prices have stepped down from their 18-month highs and “destocking initiatives in the tungsten supply chain may be coming to an end.”

“Our view remains unchanged that China is heading for more added value-products to be produced in China and if you look how export licences have been reduced we see that outside of China when GDP growth rates recover it will again become very tight,” Meier told.


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

HC Starck’s CEO, Andreas Meier told in a recent interview that he believes tungsten demand is starting to stabilize. Prices have stepped down from their 18-month highs.

And “destocking initiatives in the tungsten supply chain may be coming to an end.”With that in mind, Meier admitted that the company is “reluctan[t] to become reliant on increasingly tight export supplies from China,”

Particularly if it is looking to target the Japanese and South Korean markets. It will continue on this path with the value-added tungsten products from its joint venture with Nui Phao.
 

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

HC Starck recently signed a joint venture agreement with Nui Phao Mining, Nui Phao will hold a 51-percent stake in the venture, while HC Starck will hold the remaining 49 percent, according to HC Stark’s statement.

Through the partnership, the companies will look to produce value-added tungsten chemicals like ammonium paratungstate (APT) and blue tungsten oxide (BTO) from the entirety of Nui Phao’s materials.

The venture is expected to produce 6,500 tons of tungsten trioxide per year. HC Starck has committed to purchasing a significant share for its own use.
 

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

HC Starck recently signed a joint venture6 agreement with Nui Phao Mining, a subsidiary of Masan Group, one of Vietnam’s largest private-sector business groups.

 For the production of value-added tungsten chemicals in Vietnam. As part of the venture,  Nui Phao will begin work on the construction of a tungsten chemical plant.

With the first stage to start production sometime in August. The plant is expected to be completed in 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

Global technology metals manufacturer HC Starck recently signed a joint venture agreement with Nui Phao Mining, a subsidiary of Masan Group.

Which is one of Vietnam’s largest private-sector business groups, for the production of value-added tungsten chemicals in Vietnam.

What makes the partnership with Nui Phao significant is that the company is developing one of the world’s largest tungsten mines.

It has an expected 15-year life and is located in Vietnam. The German company believes the deal with Nui Phao is just the ticket to increase its presence in Asia.
 

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

Ammonium paratungstate offers (APT offers)  keep stable with few buying activities.

China ammonium paratungstate market (APT  market) keeps quiet this week, and the market participants are cautious in making deals.

The guiding price for APT was RMB230,000t USD426mtu, unchanged compared with those of last month. But under the current tungsten concentrate prices, it still hovers at the production.

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

Carbine Tungsten Limited is pleased to announce that long-term off-take partner, Mitsubishi Corporation RtM Japan (“Mitsubishi RtMJ”) has recently participated in a site visit to the Mt. Carbine Tungsten Project in North Queensland.

Immediately following the site visit on 12 July 2013, Mitsubishi RtMJ’s President, Mr Kenji TANI conducted an interview with Japan Metal Bulletin.

In the interview, Mr. TANI reiterated Mitsubishi RtMJ’s interest in providing funding for the development of the Hard Rock Project and resulting off-take participation, specifically citing the terms of the signed MOU and advance payment.
 

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

Carbine’s Managing Director, Jim Morgan, commented: “It was a great pleasure hosting the President of Mitsubishi RtMJ and other senior delegates at the Mt Carbine Tungsten Project ."

"As we progress the reinvigoration of our Hard Rock Project. We have worked alongside Mitsubishi RtMJ since January 2012, and the relationship has continued to grow."

“This has been evidenced by the escalation from off-take partner to potential funding and project partner and the positive feedback received following the site tour is very encouraging. "

"We will continue to work with Mitsubishi RtMJ as we progress our development plans at the project and look forward to partnering to unlock the value within our world class Tungsten project.”
 

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