The Current State of the World's Major Tungsten Producers (1)

Tungsten is an important strategic resource, which is widely used in modern manufacturing and military industry. With the development of China's economy, there will be more and more demand for tungsten and rare earth in China's manufacturing and military industry in the future. Fuel oil may be replaced by new energy.

However, tungsten and molybdenum, rare earth can hardly be replaced, as time goes by, tungsten and molybdenum rare earth and other strategic resources not only will not disappear, but also become more and more. The recent upward trend of tungsten prices is reflected in this trend, the industry experts believe that tungsten prices are expected to rise, if we count environmental protection, price, exchange rate, resource sustainability and international political environment and other factors, the development trend of tungsten prices will be twists and turns of the process.

So in addition to China, what other countries produce tungsten it? China tungsten online here for your brief introduction.

1.Russia: In 2016, Russia produced 2,600 tons of tungsten ore. Wolfram Company is Russia's largest producer of tungsten products. Its tungsten ore is mainly located in the Far East, Russia has a distance of more than 9000 kilometers from the East and West and across eight time zones. The transport mode is only the Siberia railway, and the cost of transportation can be imagined. Therefore, the main buyers of tungsten mines in the Far East of Russia are Japanese. In the last century, the Japanese long ago disobeyed Russia's tungsten resources and in a few years of drastic changes in Eastern Europe, they have quietly bought many tungsten mines. However, Russia is now also a major exporter of major arms to the major worlds and has an urgent demand for tungsten. Putin is trying to re-integrate the Russian tungsten industry. In early 2017, he started to promote the development of the Tyrnyauz tungsten and molybdenum mine, located in the eastern part of the Russian Federation, near heavy industrial bases such as Moscow, where he sought to create a large-scale mining and processing complex.

2.Canada: Canada is the world's tungsten reserves in the second country, but in 2016, Cantung Mine, the two major tungsten mines in Yukon, Canada, was discontinued again and the Mactung Mine was shelved again. According to the Canadian tungsten industry sources said, due to the environmental and artificial and traffic reasons, khamthong tungsten mine operating costs are too high, basically no profit, they decided to shut down.

3.Vietnam: While reducing tungsten output in China, some of the less developed countries are also starting to increase the export volume of tungsten resources to meet the needs of their Western masters. Vietnam is the most active one. In 2016, Vietnam's mineral resources amounted to 6000 tons. It kept 10% growth in recent years. It has become the world's second largest exporter of tungsten, and the Nui Phao tungsten mine in Vietnam. It is the largest tungsten deposit outside China. 

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