2024 National W Concentrates Mining Quota up by 2.7% Y-o-Y
23/08/24 | Tungsten
Shanghai Nonferrous Metals News The MNR (Ministry of National Resources) recently published the total tungsten mining quotas for 2024, at 114 kt (converted to 65% WO3), up by 2.7% y-o-y. The total quota includes a first batch of quotas of 62 kt published in March 2024. Mainstream wolframite concentrate (WO3≥65%)…
MNR: 2024 First Batch of Production Quotas of W at 62 kt
20/03/24 | Tungsten
Ministry Natural Resources The MNR (Ministry of National Resources) recently published its first batch of tungsten mining quotas for 2024. The 2024 first batch of tungsten mining quotas is 62 kt (converted to 65% WO3), and quotas have been assigned to the following provinces; 23.67 kt to Jiangxi, 15.53 kt…
Domestic W Prices on the Rise
23/02/24 | Tungsten
Asian Metal News Domestic tungsten concentrate prices have been on the rise this week due to tightening supply. Mainstream tungsten concentrate prices (55% WO3) stand at RMB 122,000~123,000/t, up by RMB 1000/t from early this week. Industry insiders forecast domestic tungsten concentrate prices to hold at the current level next…
Domestic APT Price Rose Slightly
26/01/24 | Tungsten
Asian Metal News Most APT suppliers raised their prices this week driven by the rising price of tungsten concentrate. Mainstream APT prices are standing at RMB 181,000~182,000/t, up by RMB 500/t w-o-w. Industry insiders forecast domestic APT prices to hold at the current level next week. An APT producer in…
Domestic APT Price Rose Slightly
24/11/23 | Tungsten
Asian Metal News Mainstream APT prices are standing at RMB 178,000~179,000/t, up by RMB 500/t w-o-w. Industry insiders forecast domestic APT prices to trend up next week backed by tightening spot supply. An APT producer in south China disclosed the sale of 32 t of APT at RMB 179,000/t late last week…
Wuning Dahutang W Project Commences
13/10/23 | Tungsten
Xinhua News 7th October: Backed by total investment of RMB 10 bln, the Dahutang Tungsten Mine and Tungsten Industrial Park project in Wuning County has been launche The Dahutang tungsten mine is located in Wuning County, Jiangxi. The project has 1.22 mln t of tungsten resources (WO3 65%), with associated…
MNR: 2023 Production Quotas for REs and W
09/10/23 | Tungsten
My Steel News 7th October: MNR (Ministry of Natural Resources) published rare earth and tungsten mining quotas for 2023. In 2023, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2023 tungsten mining quotas are 111 kt (converted to 65% WO3). The tungsten production quota…
Domestic APT Prices Remain Stable
28/09/23 | Tungsten
Asian Metal News Mainstream APT prices are standing at RMB 179,500~180,500/t propped by strong tungsten concentrates prices, continuing stable w-o-w. Industry insiders forecast domestic APT prices to remain firm this week backed by production costs. An APT producer in Jiangxi says they sold 30 tonnes of APT at RMB 180,000/t last week…
Ganzhou W Association Forecast September Prices
06/09/23 | Tungsten
Shanghai Nonferrous Metals News Ganzhou Tungsten Association published the forecast prices for September, with wolframite concentrate (55% WO3) at RMB 118,500/t, APT at RMB 180,500/t, tungsten powder (medium grain) at RMB 276/kg, describing increases of RMB 1,500/t, RMB 3,000/t and RMB 2/kg respectively m-o-m. Zhangyuan Tungsten published the long-term contract…