Domestic W Prices Continue under Pressure
23/10/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained under pressure this week led by continuing sluggish demand, and domestic tungsten concentrate holders remained firm on prices. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB83,000~85,000/standard t; scheelite (65% grade) is at RMB82,000~84,000/standard t and tungsten concentrates (50~55% grade)…
Antaike: China W Concentrate Output 87 kt from January~August
28/09/20 | Tungsten
China Nonferrous Metals News China produced 87 kt of tungsten concentrate (65% WO3) and 139 kt of molybdenum (45% Mo grade) during the first eight months of 2020. Driven by shrinking global demand caused by Covid-19, China’s exports of tungsten and molybdenum both fell, showing a decline of 29.7% and…
JXTC: New Generation Smart Ore Separator on Line
25/09/20 | Tungsten
China Nonferrous Metals News JXTC recently brought its new generation smart ore separator online. The separator can dress useful ores and separate waste rocks from raw ores, with particle sizes from 10 mm~100 mm. Maximum ore processing capacity is 160 t/hr. Test runs of the machine have been completed at…
Fujian Xinlu W Deep Processing Project Online
18/09/20 | Tungsten
Shanghai Nonferrous Metals News Backed by total investment of RMB1.69 bln from XTC (51%) and Fujian Jinxin Tungsten Co. Ltd (49%), Fujian Xinlu Tungsten’s tungsten smelting and deep processing project is now online. The full project will be carried out in three phases; Phase I came online on 17th July…
Domestic W Market Stable
11/09/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate holders remained firm on prices this week. At present, wolframite (65% WO3 grade) mainstream quotations are at RMB88,000~89,000/standard t; scheelite (65% grade) is at RMB87,000~88,000/standard t and tungsten concentrates (50~55% grade) at RMB 84,000~87,000/standard t, all stable from last week. Tungsten concentrate prices have…
RMB35.7 mln Subsidy for XTC
10/09/20 | Tungsten
Asian Metal News 9th September: XTC announced that the company and its holding subsidiaries received a total of RMB 35.7 mln in governmental subsidies related to income from June 19 to September 9, 2020. Of the total, RMB1.39 mln was electricity price subsidy, RMB 1.7 mln was enterprise listing support…
Chenzhou Diamond APT Smelter Resumes Operation
03/09/20 | Tungsten
Asian Metal News Minmetals’ Chenzhou Diamond APT smelter restated APT (88.5% min) production this week after completion of an overhaul which began in early August. The company aims to produce 1 kt of APT in September. Domestic APT prices have recently been on the rise, seeing most quotations standing at…
China Moly: Operational Revenue Surges in H1 2020
31/08/20 | Tungsten
Finance News 30th August, China Moly’s H1 2020 report showed that the company’s operating revenue reached RMB 46.7 bln, a surge of 368.44% y-o-y. The company produced 7,070 t of molybdenum and 4,664 t of tungsten during H1 2020. Source
New Mine for Zhangyuan W
25/08/20 | Tungsten
Asian Metal News According to its H1 2020 report, Zhangyuan Tungsten has acquired the mining rights and associated assets of the Huangzhulong Tungsten mine in Chongyi County. Zhangyuan Tungsten now owns the mining rights of six tungsten mines, exploration rights of six tungsten deposits, four tungsten smelters, four wholly-owned subordinate…
