China is considering to implement the policy of part important resource products for purchasing and storage, including copper, rare earth, and tungsten. And the management approach of part rare metals will be similar to rare-earth’s. This is an important adjustments in resource product management policy and will be conducive to keep resource prices stable. Leaders of different departments will formulate the specific programs about product purchasing and storage.

Some of these important resources and energy products are divided into two parts: one belongs to Chinaese serious shortage and needs to import such as oil, copper, cadmium and so on , and their prices are subject to international market.So we can have purchasing and storage when the international market price is in downturn .Another one is that has huge reserves, abundant productions, and can export a large number of products to meet the needs of the international market, mainly rare earths, tungsten, molybdenum, antimony, tin and so on.

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China is considering the storing policy on some parts of  important resources, including copper, rare earth, tungsten, and  the similar approach will also be considered to parts of rare metals. This is an important policy adjustment  for resource management,  and will be conducive to the stable of resource prices.The specific programs for restoring important resources are led by different departments.

These important resources and energy can be divided into two parts: one belongs to China's serious shortage, the need to import products such as oil, copper, cadmium, etc., And their prices are subject to international market. Another is  the kind of rare earth, tungsten, molybdenum, antimony, tin. China has a large of these resources in reservations and production. At the same time,China can meet the needs of the international market for export products.

 

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Tungsten carbide is the main raw material for the production of carbide, the full name is Wolfram Carbide, also named as tungsten carbide. It has metallic luster, hardness is similar to diamond and is good conductors of electricity and heat.The melting point of 2870℃, boiling point of 6000 ℃, the relative density is15.63(18℃). WC is not dissolved in water, hydrochloric acid ,sulfuric acid and other substances.

As tungsten carbide with these properties, use it to make the mold, anti-wear, anti-strike, corrosion resistance, and can extend the useful life of the mold, thereby to effectively save the costs of mold production and promote the improvement of economic benefits. This mold can also be used in a special processing and manufacturing. China is the manufacturing power in the world,the usage amount of mold is very large. The molds which are made of tungsten carbide have excellent quality and sure to be widely favored by these enterprises. Accordingly, the experts speculated that the tungsten carbide mold market prospects will be quite bright in the future.

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Demand of sodium tungstate is weak, prices remain stable. Part of the tungsten carbide powder offers are still high. The downstream alloy enterprises sigh that the cost is too high. Expected that tungsten market maintain the stalemate of supply and demand and the price fluctuation will keep narrow for short-term.
 

You can visit the following links for more information about sodium tungstate prices and tungsten carbide powder prices. Thank you very much!

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Tungsten ore market is weak, the shipments will of some mining companies is strong while the actual transaction tungsten ore is still not good. It is expected that tungsten ore prices may keep stable and tungsten ore market may still maintain the stalemate of supply and demand. The fluctuation of tungsten ore prices  is narrow for short-term.

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

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Owing to the weak demand of tungsten concentrate, the trading volume remained at low level in the recent days. Some tungsten concentrate suppliers decrease offers, and the APT prices ease slightly. Most of the downstream consumers are inactive in making deals, and will 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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Learned from the Jiangxi Nonferrous Geological Prospecting Bureau, the council determined the prospecting goals  in this year and strive to implement more than 10 medium-sized minerals, including tungsten ore, copper ore, iron ore, lead and zinc, gold and other mineral exploration.There  were more than 3,300 tons of copper, gold, lead, zinc, chromite, iron ore and other resources. They would like to transfer five prospecting mineral rights, and the transfer income is 200 million yuan.

It is reported that this year the council will grasp the favorable opportunities  to achieve new breakthroughs in prospecting minerals. This whlole year they will implement of the medium-sized minerals, which including tungsten ore, copper ore, iron ore, lead and zinc, gold and other mineral.This year strive to achieve the  total number of mineral was 32.95 million tons, which are copper, gold, lead, zinc, chromite, iron ore and other types of mineral resources.While  the number of exploration tungsten trioxide is 300,000 tons, the number of copper resources is 500 million tons,  the number of gold resources is 665 tons ,the total number of lead and zinc resources is 100 million tons ,and the number of chromite resources is 10 million tons,  the number of iron ore resources is10 million tons.


Through these efforts, strive to achieve the business objectives throughout this year:  the currency workload of geological prospecting business is 200 million yuan,  the footage of drilling is over 200,000 m.The sales revenue of mine is 100 million yuan, the profit is 10 million yuan. When transferring five prospecting mineral rights, the transfer revenue  will be 200 million yuan.

 

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The carbide alloy field is very competitive. Carbide alloy is still the main material of the cutting, mining. But it faces the risk of part of the application areas to be replaced by the diamond. Carbide alloy products produced by domestic enterprises in the quality is high. Compared with foreign enterprises,  the technical level differences are  so significant, Currently it is unable to produce large carbide alloy  products in domestic, it just can produce small bars and plates. It is difficult to catch up the technology gap between the foreign and the domestic in short-term.

 

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Domestic the tungsten ore market confidence weakened, the turnover yet to see significant improvement, the tungsten iron prices being firm, 70 of the base part of the high price to 180,000 yuan / ton; tungsten carbide powder market is slightly confusing, but the price is present upstream of the potential downstream alloy enterprisesby the high-cost enterprise temporarily sidelines.We expect short-term the tungsten market conditions or mainstream steady, individual within a narrow range.
 

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Recently, Ganzhou  pointed out that promote mineral resources  into high-end, adhere to the combination of resources integrated with high-end development of the mining industry, focusing on the goal of cultivating rare earth and tungsten and its application advantages of industrial clusters. Taking full advantages and chances to promote the the remediation of tungsten, rare earth resources development order. Severely crack down on illegal exploration and mining, conduct mine continuation tungsten, rare earth resource depletion and rare earth resources comprehensive utilization pilot, fight for the country  gives the  support for Ganzhou tungsten, rare earth mining quotas and promote the implementation of the prospecting breakthrough strategied actions. The explorations of tungsten, rare earth resources achieve  prospecting achievements. On the othe hand ,to promote  the integration of  tungsten, rare earth resource, vigorously develop the deep processing. The integration of  five tungsten ore zones is basically put in place.The development platform of tungsten resources has finished.

Ganzhou will strengthen  efforts to  promote the  remediation of tungsten, rare earth and other mineral resources development. And strictly execute the overall planning of mineral resources .In accordance with the law for approval and supervision of mineral resources prospecting and mining activities.Accelerate the integration of mineral resources, adhere to the principle of the integration of resources and promoting the development of high-end mining industry.

 

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