W Prices on the Decline in April
07/04/23 | Tungsten
Shanghai Nonferrous Metals News Ganzhou Tungsten Association published guide prices for tungsten products in April, with tungsten concentrate prices (55% WO3) at RMB 113,000/t, APT prices at RMB 173,500/t and WC powder (medium grain) prices at RMB 267/kg, down from RMB 116,000/t, RMB 178,000/t and RMB 276/kg in March 2023…
XTC: Review of Recent Projects
13/03/23 | Tungsten
XTC Company News XTC’s Youmapo tungsten and molybdenum mining project construction is scheduled for completion in H2 2026, and annual production of tungsten concentrate is expected at 3,200 standard tonnes once fully operational. XTC Xiamen Jinlu: The production line of 10 mln indexable blades per annum is now operational and…
Zhangyuan W: Smart Ultra-high Performance W Powder Project on Trial Operation
13/03/23 | Tungsten
Finance News Zhangyuan W: The “Smart ultra-high performance tungsten powder project” (powder project Phase III) was running trial operations at end-2022. Any future expansion will be dependent on market demand. The company is now retrofitting tungsten powder project phase I and II, aiming for quality improvement and cost reduction per…
Domestic W Prices on the Rise
08/02/23 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association published the guide prices for February 2023: Wolframite concentrate (55% WO3) prices at RMB 119,000/t, up by 5,000/t m-o-m APT prices at RMB 182,000/t, up by RMB 6,500/t m-o-m Tungsten powder (medium grain) prices at RMB 280/kg, up by RMB 5/kg m-o-m Zhangyuan Tungsten…
NBS: China Produces 95.22 kt of W Concentrate from Q1~Q3 2022
17/01/23 | Tungsten
China Nonferrous Metals News NBS: China produced 95.22 kt of tungsten concentrate (65% WO3) during the first three quarters of 2022, down by 7.05% y-o-y. The data from China Tungsten Association shows total tungsten concentrate production from the major 32 member companies was 57.5 kt (65% WO3) during the first…
Long-term Contract W Prices on the Rise
11/01/23 | Tungsten
Shanghai Nonferrous Metals News Continuing the upward trend of tungsten prices seen since December 2022, several large tungsten producers increased their long-term contract prices for the first two weeks of January 2023. Zhangyuan Tungsten raised wolframite concentrate and scheelite concentrate prices ((WO3≥55%) by RMB 3,000/t to RMB 115,000/t and RMB…
Zhangyuan W Raises Long-term Contract Prices for December
21/12/22 | Tungsten
Shanghai Nonferrous Metals News Zhangyuan Tungsten has increased its long-term contract prices for the last two weeks of December 2022 to RMB 112,000/t for wolframite concentrates and RMB 110,500/t for scheelite concentrates (WO3≥55%) and RMB 172,000/t for APT, all up by RMB 3,500/t from the previous term. SMM forecast domestic…
China W High-Tech: Net Profits of RMB 399 mln from Q1~Q3 2022
07/11/22 | Tungsten
Sina Finance News China Tungsten High-Tech: The net profit attributable to the parent company in Q3 2022 was RMB168 mln, down by 17.94% y-o-y. In the first three quarters of 2022, the Company achieved revenues of RMB 9.97 bln, up by 2.91% y-o-y. Net profit attributable to shareholders of the…
Zhangyuan Tungsten: Q1~Q3 Net Profits Soar by 91%
31/10/22 | Tungsten
Sina News Zhangyuan Tungsten achieved an operating income of RMB 830.57 mln in Q3 2022, up 6.18% y-o-y; however, the net profit attributable to the parent company was RMB 36.15 mln, down 35.54% y-o-y. In the first three quarters of 2022, Zhangyuan Tungsten achieved an operating income of 2.51 bln…
