Tungsten and Molybdenum New National Policy

New national policy for tungsten and molybdenum has been issued: cancel the prohibition of foreign investment in molybdenum exploration and mining, and encourage foreign investment in tungsten and molybdenum deep processing industry.

On June 30th 2019, National Development and Reform Commission and Ministry of Commerce of the People’s Republic of China issued the Special Management Measures for Foreign Investment Access (Negative List) (2019 edition) and the Special Management Measures for Foreign Investment Access in the Free Trade Zone (negative list) (2019 edition), the Encourage Foreign Investment Industry Directory (2019 edition).

According to the contents of this list and catalogue documents, the new national policy states that mining industry has cancelled restrictions on oil and gas exploration and development limited to joint ventures and cooperation. Regulations of prohibiting foreign investment in the exploration and mining of molybdenum, tin, antimony and fluorite were cancelled as well.

Original descriptions of relevant industrial policies in tungsten, molybdenum and rare earth in new national policy will be organized as follows:

Special Management Measures for Foreign Investment Access (Negative List) (2019 edition)

No. 2, the mining industry.

It is forbidden to invest in rare earth, radioactive minerals, tungsten exploration, mining and mineral processing.

Special Management Measures for Foreign Investment Access in the Free Trade Zone (Negative List) (2019 edition)

No. 2, the mining industry.

It is forbidden to invest in rare earth, radioactive minerals, tungsten exploration, mining and mineral processing. (It is forbidden to enter the rare earth mining area or obtain mine geological data, ore samples and production technology without permission.)

Encourage Foreign Investment Industry Directory (2019 edition).

National Encourage Foreign Investment Industry Directory.

No. 15, Non-ferrous metal smelting and rolling processing industry.

No. 112, High-tech non-ferrous metal materials and their products production: compound semiconductor materials (gallium arsenide, phosphorus-8-gallium, indium phosphide, gallium nitride), high-temperature superconducting materials, memory alloy materials (titanium nickel, copper base and iron-based memory alloy materials), ultrafine (nano) calcium carbide and ultrafine (nano) crystal hard alloy, super-hard composite, precious metal composite, light metal composite, aluminum foil for radiator, medium and high voltage cathode capacitor aluminum foil, lithium aluminum foil for battery electrode, electrolytic copper foil, aluminum alloy profile with large cross section and complex section, precision die forging for aluminum alloy, overhead conductor for electrified railway, ultra-thin copper strip, corrosion resistant heat exchanger copper alloy, high performance copper nickel, copper and iron alloy belt, beryllium copper strip, wire, tube and rod processing material, high temperature resistant anti-aging tungsten wire, magnesium alloy casting, lead-free solder, magnesium alloy and its application products, aluminum foam, titanium alloy smelting and processing, atomic energy grade sponge zirconium, tungsten and molybdenum deep processing products

Foreign Investment Advantage Industries in the Central and Western Regions Directory.

Jiangxi Province.

Deep processing, application of product production and recycling using rare metal resources such as tungsten, nickel, cobalt, ruthenium and osmium etc.

Guangxi Autonomous Region.

Deep processing of metals such as zinc, tin, antimony, tungsten, manganese and indium etc.

• < Prev
• Next >