Forever Metals has lowered Tungsten Watches to $50 During March Sale

tungsten rings manufacturer and retailer has lowered the price of Tungsten Watches to $50 for the month of March only. The tungsten retailer primarily focuses on marketing their large collection of rings and feel that the Spring season would be a good time to start marketing the collection of tungsten watches and bracelets. Forever Metals tungsten watches retails for $99 and has 7 unique styles to choose from for both men and women.   

Tungsten Watches by Forever Metals come equipped with tungsten metal and a Swiss 785 movement. All watches have a scratch resistant sapphire crystal lens providing an extremely hard glass face. All watches have been tried and tested for accurate time keeping and water resistance.

Forever Metals urges customers to shop with confidence when choosing tungsten carbide. Tungsten is a strong, durable metal that can hold up to any beating. The high polished finish is also extremely scratch resistant which make the metal popular for those that work with their hands.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Ore Market Inquiry Form Increased, Molybdenum Quotes Running Low

Tungsten Market Quotes: Minmetals’ guidance prices continue to be flat in March, tungsten ore market inquiry form increased and shipments will is enhanced enhanced .APT price keep steady  to rise, high price has raised to around 178,000 yuan / ton, the quoted market price of tungsten carbide powder artificially high.The procurement ability of downstream Carbide corporates are weaken, waste tungsten steel businesses keep optimistic mentality, no hurry to ship and stably operate for short.

Ganzhou Tungsten Association guide price in March compared with February a slight rise, the tungsten market or re-warming. Held cargo miners offer range widened space up even more prominent phenomenon the tungsten iron market stimulated by the price of raw materials, manufacturers price gradually pulled tungsten carbide high-priced resources increased, but the actual turnover of follow-up difficult. We expect slow uplink, the overall tungsten City short term market steady market settlement prices of many running low.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Transaction of Tungsten is Weak in Europe Market

According to MB(Metal Bulletin) an English paper, market quotes of tungsten in Rotterdam on 6th this month was $39.50-39.00 per kilogram, dropped 10 cents. Many marketers reckoned there is still some room for the price to fall by the end of the first quarter.

“a business couples quote the current price at $39-39.5 per kilogram, but there has yet any news. I am not expecting to enter the market, I will wait and see.” A merchant said. The market is stalling at a down spiral, anther merchant suggested that the market won’t recover soon, “ My initial quotation is 40 dollars, some customers were willing to make the deal, but it turned out that the price was far below 40.”

“I heard that the price will stall at some point between 39-40, but I don’t think the downward trends will stop” One gentle man said, added the Rotterdam’s quotation is at its lowest point since December, 2010, marketing transactions is cool and profit margin is contracting, even quite a few businessmen are at lost.

A man expressed his frustration with tungsten market saying “ tungsten business hard to run and no positive signs can be seen though, suppliers seem to be not ready to ship their goods.  

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Colt Resources Secures Site for Infrastructure Needed to Support Mining at Tabuaço

Yesterday, Colt Resources announced the signing of a binding letter of intent for the option to purchase roughly 247 acres (equivalent to 1.0 kmaka 100 hectares), on which the company plans to construct the necessary surface mining infrastructure for the Tabuaço tungsten project in northern Portugal. The parcel of property, known as Passa Frio, would serve as the site for the processing plant (including jaw crushers, mill and concentrator), warehouses, dams and tailings impoundment facility needed to bring the mine into production. The property is situated away from residential areas and already is zoned to permit the construction of the off-site processing infrastructure. Over the next months, Colt Resources will have the property surveyed to verify legal title. Thereafter, for a payment of €100,000, Colt Resources may enter into three-year option enabling the purchase Passa Frio for €350,000.

The Tabuaço tungsten project is comprised of a scheelite (tungsten) deposit with a NI 43-10-compliant indicated resource estimate of 815,000 MTU WO3 (1,495,000 tonnes grading 0.55% WO3) and an inferred resource estimate of 720,000 MTU WO3 (1,230,000 tonnes grading 0.59% WO3). A portion of the deposit underlies a port wine vineyard on the western terraced slope of the Távora River valley. In August 2011, Colt Resources acquired 140 hectares of surface rights, which includes the Senhora do Convento vineyard and operational winery that produces port and red table wines. By securing the land over most of the São Pedro das Águias deposit, the company has unencumbered access to a large part of the project area, including the site which is most suitable for the entrance to the planned underground mine.

      

As demonstrated by this and preceding announcements, management is fast tracking the development of the Tabuaço tungsten project. The Experimental Mining License (EML) for Tabuaço was granted by the DGEG in February, and work on a preliminary economic assessment (PEA) continues. Management anticipates the PEA to be completed during the second quarter. Thereafter, management plans to conduct a pilot mill test on approximately 20 metric tons of scheelite ore. Also, the potential production of fluorite concentrate as by-product will be examined

Management continues to be engaged in discussions with undisclosed potential partners to bring the mine to production at Tabuaço within two or three years. We would expect that the development of Tabuaço would be structured in a manner similar to the Penedono joint venture with the partner providing capital and further developing the project in order to earn a substantial stake in the concession. In this manner, Colt Resources would be able to focus its capital resources on the development of the Boa Fé gold project in southern Portugal. Nonetheless, management plans on bring the Tabuaço scheelite mine to production in 2015.

We reaffirm our Outperform rating and recently raised price target of $2.15, which is based on an estimated share value of attributable resources indicated by Colt’s NI 43-101-compliant mineral resource estimates. We consider our valuation model to be conservative in that it also includes prospective developmental costs at Boa Fé and Tabuaço.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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First-half Losses Widen at Thor Mining

AIM-listed mineral and development companyThor Mining has unveiled its half yearly report for the six months ended December 31st showing an operating loss of 750,000 pounds. 

The group reported a loss for the period of $744,000, compared to a loss of $469,000 in the six months ended December 31st 2011.

An impairment of exploration assets was recorded at 259,000compared to $117,000 in the corresponding period one year earlier. 

A basic loss per share of 0.09p was recorded. 

Thor Mining reported that it was "well positioned for discussions with third parties on potential off-take agreements for the Molyhil Tungsten project." 

     

It said that it had funding throughout the period with a A$1m secured debt facility from a private investor and the group reported a resource upgrade at its Spring Hill gold project. 

In its review of operations, the company stated: The company has continued to make progress on its projects and whilst this has been slow and at times frustrating, the company remains well positioned in its discussions with third parties on potential off-take agreements for the Molyhil Tungsten project and the prospects for Spring Hill and Dundas continuing to improve. 

He reported a resource upgrade at the Spring Hill gold project and elevated levels of nickel and copper being found at Dundas. Importantly, the company has been able to attract additional funds to progress these projects and the directors were delighted to recently announce further funding after the period end."

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten USB Flashlights

Armament Systems and Procedures (ASP) expanded its Tungsten light family with the introduction of the new Tungsten USB.

The Tungsten USB can be recharged on the go using a laptop computer or any micro USB cellphone charger.

ASP's Transitional Lights are intermediate size lights with full size performance. They have machined grips and advanced user interfaces.

Powered by ASP's custom-made 18650-Lithium Ion battery, the Tungsten USB's latest XPG2 LED light produces a powerful 275 lumens of ultra-white light with a continuous runtime of approximately three hours. The Tungsten USB's battery has a protection circuit module to prevent overcharging or short–circuiting, and the battery indicator on the light blinks red when charging and turns solid green when fully charged.  

      

The linear form factor of the Tungsten USB makes it easily carried lens up or lens down. It’s built with precision-machined high strength aluminum with a Type 3 matte black, hard coat anodized finish. It has a 3-position switch (intermittent, locking and constant-on). The center locking position guards against accidental activation.

The Tungsten USB comes with a detachable and reversible pocket clip, a Micro USB to USB retractable cord, a car charger, a wall charger and a zippered travel case. The MSRP is $105.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com

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TIBO Lighting Range Receives' Etoile du SIEL' Award in Paris

The TIBO range of luminaires from the French lighting manufacturer Robert Juliat has received the Etoile du SIEL award at the SIEL show in Paris.

Introducing the Creative Concept Light, the new TIBO range offers a mix and match choice of lightsource (LED, tungsten halogen or discharge), lens type (Fresnel or profile) and dramatic or conventional body colours. These various lighting schemes with new design elements can be used in theatre, architecture, display or for retail purposes.

The new additions to the range include two new profiles with options for HID discharge or variable white LED light sources, and a Fresnel version available with the full range of tungsten halogen, discharge or LED sources.

       

Prototype of the new ZEP 150W LED Fresnel, the new lighting scheme on the stand is based on the ZEP profile technology. Its 150W LED engine is available in two colour temperatures (3200K and 6000K) and complements the ZEP 640 profile series. It features a large 200mm lens, which maximises light output and its 360° rotating barn doors, low energy consumption and low maintenance requirements make it suitable for television studios, theatres, events and architectural use.

All of these new models will be officially launched at 2013 Prolight & Sound, Frankfurt. Robert Juliat’s followspots have been represented on the stand with the FLO 1800W MSR short throw (13°-24°) model.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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China Plus One Strategy: A Window of Opportunity

China holds a commanding position in world economy. Its economy has grown immensely since1978, when it launched its "reform and opening-up" strategy. It is now the world's second largest economy by nominal GDP and by purchasing power parity, next only to the United States according to a report "Gauging china's influence" published by the international monetary fund (IMF) in December 2010. Its real gross domestic product has grown by about 10 per cent annually, implying a doubling every seven to eight years.

China's share of world GDP and trade is rising rapidly. It is increasing its linkages with the rest of the world. Its share in world trade has increased nearly tenfold over the past three decades, to about 9 per cent, while its share in world GDP has risen to 13 per cent from less than 3 per cent during the period, according to IMF. Flows of trade and capital between china and the rest of the world are causing growth in other countries. 

Many countries were drawn to invest in china for its cheap labor and strong infrastructure like roads, ports, airports and energy systems. It has also flourished in energy and mineral resources such as coal, iron ore, crude petroleum, natural gas, antimony ore, tin, tungsten, salt, vanadium and molybdenum. China is also gifted with ample potentials for hydroelectric resources because of its river network and mountain terrain.

Lately, however, the pattern of investment in China is undergoing a change, due mainly to hike in wage structure-- approximately 25 per cent a year in major industry sectors. China is also experiencing some worrying inflationary trends right now that are pushing up the prices of everything from a bowl of rice to apartment rentals. Added to that, China unified its corporate income tax system last year, bringing the previous low rates that foreign businesses enjoyed in some cases from 15 to 25 per cent. 

That is why, it has become a matter of concern for the foreign investors to consider finding out another country which can supplement their investment decisions. China plus One or China +1 is an international business strategy that consists of the expansion of one company's current operations in China, say, to a Southeast Asian nation as there is a proverb "don't put your all eggs in a single basket". Many countries are now looking for a country having low wage rate, strong infrastructure and a suitable atmosphere for business. Vietnam in this case is fast coming up to prove itself as a decent destination of realising the need of a second country to invest.

Many countries are now contemplating to exploit the prospects of investing in Vietnam. "A lot of contact manufacturers have moved to Vietnam," said the CEO for the Asia-Pacific region at DB Schenker (subsidiary of Deutsche Bahn AG that focuses on logistics). "The country has moved beyond its early cargo base and increasingly takes care of electronics manufacturing, a trend that has been stoked further by many companies' 'China plus one' strategy,'' he added.

Japan's Yusen Air and Sea Service last year opened an office and a 64,000 sq ft warehouse near Hanoi. Vietnam signed an aviation bilateral with the US which also gives designated airlines the right to carry cargo to and from third countries. FedEx boosted its lift four-fold last year when it upgraded to A310F aircraft to serve Vietnam. It is visible that investment in Vietnam is increasing day by day. In every manufacturing sector foreign investments are rising at great speed.

But the question is why Bangladesh is unable to grip the opportunity. Bangladesh also has the advantage of low wage and abundant manpower. Understandably, the problems for Bangladesh very often pointed out include its deficient infrastructure, unskilled manpower, political instability and last but not the least, volatile capital market. The problems are daunting to find a quick remedy. But in the absence of corrective measures, the situation will further worsen in the days to come. Given the opportunity, it is in the interest of the nation that the policymakers should chalk out a roadmap so that some visible improvements are in place before it is too late.

 

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Future Looks Dim for Energy-wasting Bulbs

Environment minister Wong Kam-sing hopes to reach agreement within the next two months over the phasing out of incandescent lightbulbs.

"A public consultation was launched in 2011 to phase out incandescent lightbulbs, starting with the least energy-efficient types first," Wong said after a public event to promote energy efficiency yesterday.

The European Union and countries such as Switzerland and Australia have been phasing out incandescent lightbulbs since last year. The United States and Malaysia are due to follow suit next year.         

Wong said the Environment Bureau has opted for a "charter plan" rather than legislation to achieve this.

"After studying comments by the public, we have chosen a charter plan under which an agreement will be reached with lightbulb traders to stop supplies," he said.

"Lightbulbs will be phased out entirely," said Wong, adding the exact time frame will be agreed by both sides. "The government is finalizing details with traders."

When asked if the scheme will be voluntary, he said there is a wide consensus in the industry to phase out such bulbs.

"I am optimistic since both the public and the trade share in the importance of saving energy," Wong added.

It is proposed the sale of incandescent lightbulbs, of 25 watts or more, will be banned if they fail to meet a minimum energy efficiency standard.

         

In his policy address in 2009, then chief executive Donald Tsang Yam-kuen proposed a cash coupon scheme in which the public would receive HK$100 coupons to exchange for energy- saving lightbulbs.

But the scheme never took off and it was scrapped.

The Energy Saving and Environment Concern Alliance welcomes the "charter" plan.

"At least we are seeing the government take this a step further," said a spokesman for the alliance, adding that it is a good development.

According to the alliance, some lightbulbs such as the tungsten halogen lamps, widely used in commercial displays, will be temporarily exempted from the ban as there is no effective substitute.

The alliance said instead of switching to energy-saving lightbulbs, consideration should be given to switching to LED bulbs that have longer life and may be 10 times more efficient than incandescent ones.

Some industry experts believe that within 10 years, LED bulbs will save more energy than other green technologies including high-voltage power transmission, electric vehicles, smart grids or renewable power.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Information of Tungsten Market on March 8th

Domestic tungsten prices tend to grow smoothly, manufacturers are bullish about APT, they keen on adjusting the price. The highest point of the price has touched 180 thousand yuan per ton, tungsten carbide powder price rose as well, which has led downstream firms to lower their purchase volume. Trading volumes of waste tungsten picked up a little bit with price rising modestly under the affects of parts of the merchants. Tungsten price is expected to grow steadily. Macroscopically, Central Bank is restarting the buyback of excess liquidity, so monetary policy might be tightened in a modest manner. The so-called “New Five Articles OF China”(which aims at restricting the housing market) will soon be implemented, and room for speculation is narrowed. The sales volume of retailers in America rose slightly in February. It is expected that tungsten price might continue to rise steadily in the short run.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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