The United States Will Resume Production of Large Tungsten Ore (1)

According to foreign media reports, a large tungsten mine in the United States will be mined by the end of the year, which is the first time since 1995 that the Songxi tungsten mine closed 22, the United States re mining large tungsten ore. Does it mean that the strategic resources protection policy of the United States has changed?

pilot mountain tungsten mine image

It is understood that the tungsten deposit is located in Nevada puhler mount (Pilot Mountain), more than 2000 feet above sea level, in the last century at the end of the 70s discovery of tungsten ore, however, due to the international tungsten price turmoil at that time, there was no post-Pale mount only for preliminary exploration. In 2014, Raytheon Mining Company of Australia bought 100% of the mineral rights of the Pratt Hills and subsequently organized a survey.

Raytheon company is a company mainly engaged in copper mining, copper prices in recent years ups and downs, the company struggling. But since Trump came to power, they bet their entire future on the Pratt & Whitney project, and perhaps now, they are victorious. As everyone knows, Trump came to power after the intention has been recast in American manufacturing, the construction project and the large investments in the United States, this also means that the tungsten mineral will have greater market demand. At the same time, Trump was trying to get rid of the United States of transition and rare earth molybdenum mineral China strategic resource dependence, so as to grasp more chips in the China trade policy. Therefore, after he took office, he was anxious to break the history of 22-year-old non-tungsten ore mines in the United States. Mine in this environment came into being.

Recently, the international tungsten prices continue to rise, but also will continue to rise trend, Raytheon Mining Company is rapidly advancing tungsten mining process, hoping to catch up with this wave of market. However, due to time constraints and huge exploration costs, Raytheon was under pressure to capitalize. In mid-July, the company also expressed its willingness to seek the cooperation of Chinese partners or Chinese buyers by mail to the China tungsten Online website, tungsten and molybdenum experts on the China tungsten Online passed the site at the end of July and investigated the mines. The mines do exist. Despite the sparsely populated surrounding areas, the relevant hardware facilities for roads, water sources, mining machinery and laws are available.

 

 

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