Domestic W Market Stable
31/07/19 | Tungsten
China Nonferrous Metals News The domestic tungsten market appears stable. At present, tungsten concentrate prices are holding firm and miners are reluctant to sell at low price levels. Wolfram (65% grade) mainstream quotations are at RMB 73,000~74,000/standard t; sheelite (65% grade) is at RMB 72,000~73,000/standard t and tungsten concentrates (50~55%…
Domestic W Market Stable at Low-end
23/07/19 | Tungsten
China Commodity Marketplace The domestic tungsten market has been stable at low levels recently. Upward momentum in tungsten prices has been slow after reaching bottom and consolidating at the low-end. Meanwhile, miners are showing a tendency to hold firm on prices, represented by declining transactions at low-price levels. At present,…
Xiamen Tungsten: Operation Income Increases in Q1 2019
02/04/19 | Tungsten
China Commodity Marketplace 19th April: Xiamen Tungsten released its Q1 report 2019, forecasting an operating income of RMB 3.81 bln, up 11.68% on-year; a net loss attributable to shareholders of listed companies of RMB 26.26 mln compared with a net profit of RMB 30.05 mln in the same period last…
MNR: First Batch of Production Quota for REs and W Ore
19/03/19 | Tungsten
Fang Real Estate News 19th March: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) published the first batch of rare earth and tungsten mining quotas for 2019. In 2019, the government will continue to focus on overall control of rare earths and tungsten mining volume. The…
New Discoveries of W/Mo in Luoyang Henan
14/03/19 | Tungsten
Shanghai Nonferrous Metals News Since 2018, major geological exploration breakthroughs have been made on molybdenum and tungsten resources in Luanchuan Luoyang, Henan Province. An additional 970 kt of molybdenum (in metal), 940 kt of tungsten (in 65% WO3) and 246 kt of lead and zinc (in metal) resources has been…
Domestic W Concentrates Output at 126 kt in 2018
05/03/19 | Tungsten
China Nonferrous Metals News China Tungsten Association: China produced 126 kt of tungsten concentrates in 2018 (converted to 65% WO3), down 3.73% on-year. The decline can be attributed to: Double counting – some trade figures and amounts of processed tungsten products were counted as concentrate output for 2017 Suspension of…
30 ktpy W Mining Permit for Xianglu Guangdong
30/01/19 | Tungsten
Shanghai Nonferrous Metals News SMM – 27th January: Guangdong Xianglu Tungsten Co., Ltd. announced that its subsidiary Longxintai Mining Co., Ltd. at Dayu Jiangxi recently obtained a safety production license for tungsten mining. The license permits the company to mine 30 ktpy of tungsten ore per annum and is valid…
Domestic W Prices Stable
24/01/19 | Tungsten
China Commodity Marketplace Domestic tungsten prices have been stable, miners and traders held firm on quotations and declined to sell at low price levels. Due to the upcoming Chinese New Year holiday (4~10 February 2019), some downstream smelters have suspended operations and transactions have stalled. At present, wolfram (65% grade)…
Domestic W Prices Stop Falling
19/01/19 | Tungsten
China Commodity Marketplace Domestic tungsten prices have stop falling – represented by fewer transactions at low price levels. Today, the domestic tungsten market remains stable, with miners holding firm on prices. At present, wolfram (65% grade) mainstream quotations are at RMB 95,000~97,000/standard t; sheelite (65% grade) is at RMB 94,000~96,000/standard…
