Tungsten Tipped to Become Scarce from 2015

Tungsten is one of a number of “critical elements” that will become increasingly scarce from 2015, according to a well-known mining consultant.

Lara Smith, managing director of South African group Core Consultants, told the Geological Society of South Africa that tantalum and certain types of rare earths would also be become much harder to find over the next three years.

The European Union and the US Department of Defence have already put these three metals at the top of their critical list. China is the world’s main producer of tungsten but is now the major user as well.

The Chinese already account for more than half of world appetite and with thier tungsten demand growing rapidly, they have adopted measures to protect supplies

This is throwing up huge opportunities for the development of tungsten ores, concentrates and intermediary products outside of China, said Smith.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

• < Prev
• Next >