Tungsten ore is an important non renewable strategic resource. Under the new normal state, the exploration of mineral resources in China is facing unprecedented challenges. A series of deep-seated contradictions, such as the structure of mineral resources, the total amount and the layout of mineral resources, are becoming more and more serious. The difficulty of surface prospecting is rising, and the resource crisis of large and medium scale mines is highlighted. It is self-evident that it is necessary and urgent to find new tungsten mines. This is a great joy for us. In recent years, the new tungsten mine exploration and prospecting achievements have been reported to us in recent years, of which the prospects for Zhu Xiwu copper and Nanling are the most worthy of expectation.

Analysis of latest tungsten market in China from Chinatungsten Online: Last weekend, tungsten market was still unquiet. After volatility for a second day on the midweek, tungsten market in the weekend showed signs of stability and smelter enterprises start to appropriate procurement. 

Rare earth market in China today: Domestic rare earth price keeps range-bound and market mentality is divided. Some industry insiders believe that rare earth price is expected to rise supported by high raw materials cost and quotation of large enterprises. 

Analysis of latest tungsten market in China from Chinatungsten Online: Ganzhou Tungsten Industry Association released its guidance prices this month yesterday. The average price of 65% wolframite concentrate in September will increase USD 4,496 per tonne to USD 18,605 per tonne compared with last month; 

Rare earth market in China today: Price differentiation is shown among lanthanum oxide, terbium oxide, dysprosium-iron alloy and other rare earth metals. 

Molybdenum market in China today: The latest price of molybdenum concentrate, molybdenum tetraoxide, ammonium heptamolybdate is unchanged from the previous trading day.

After founding of New China, Gannan established nine state-owned distributed mine, 16 local state operated mine and 20 collective pithead. It becomes the main tungsten raw material birthplace in the world. In the meantime, geologist verify 106 mineral area with tungsten reserve, accumulated reserve is 1.17 million ton, ranks the second place in the world. High quality tungsten concentrate reserve ranks the first in China.

Xihuashan is famous for its tungsten resource. It is the initiator of China tungsten mine exploration, and has a centennial exploration history.