What’s the Effect of the Regulation of Tungsten Ore Mining for Tungsten Heater?

According to statistics, China has been represented 23% of the world's total rare earth reserves, 47% tungsten reserves, and supplied 90% rare earth products for the international market for a long time. Xihua Mountain is the oldest tungsten mine in China, has been described as pedigree of chinese tungsten industry. After one hundred years of mining history, Xihua Mountain has made outstanding contributions for new China exports, development of special steel industry. However, with the gradual depletion of mineral resources, the development of the area has lagged behind its surrounding area in recent years. Because the unreasonable exploitation of tungsten ore resources is not only an outflow of wealth, but also a serious damage to the environment.

Tungsten ore resources belong to rare earth that is an important strategic non-renewable resource. It is an important raw material to new energy vehicles, missile defense systems, wind turbines, smart phones and other technology products. Chemical properties of tungsten are stable, at room temperature it would not react with air and water. Although China's rare earth is one of the largest storage country in the world, but 90% of tungsten resources in international markets are provided by China, resulting in a rapid decline of rare earth resources in China. China gradually made corresponding measures to solve these problems. In 2011, the government had issued the "Opinions on Promoting the Sustainable and Healthy Development of Rare Earth Industry." Therefore, China continues to strengthen the regulation of the tungsten ore mining in recent years, production tungsten heater will also reduce, although the tungsten resources is gradually exhausted, but until 2012, resource-based enterprises are more than 35 enterprises, accounting for 57.1% of the total number of the enterprise. Therefore, the regulation the tungsten mining will have an impact on the tungsten heater production and prices, but the industry still has good prospects for development.

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