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…
Xianglu W: Losses of RMB 10~20 mln in H1 2023
09/08/23 | Tungsten
Shanghai Nonferrous Metals News Xianglu Tungsten expects a net profit loss of RMB 10~20 mln attributable to shareholders of the listed company in H1 2023, reversing the company’s profitable trend in H1 2022. The loss can be attributed to increased prices for tungsten concentrates and APT which have been led…
China W Hi-Tech: Technology Upgrades for Smart Production Line of Ultrafine
24/07/23 | Tungsten
W Carbide Powder 17th July: China Tungsten Hi-Teck announced that its wholly owned subordinate, Minmetals-ZCC is to implement technology upgrades on a smart production line for ultrafine tungsten carbide powder, with a total investment of RMB 248. The expected return period for project investment is 7.9 years (before tax). This…
Domestic W Prices on the Decline
30/06/23 | Tungsten
China Commodity Marketplace Domestic tungsten concentrates prices have been on the decline this week, seeing mainstream wolframite concentrates (65% WO3) prices drop to RMB12,000~12,100/t, scheelite concentrates (65% WO3) prices down to RMB 119,000~120,000/t and tungsten concentrate prices (50~55% WO3) prices at RMB 116,000~119,000/t. Mainstream APT prices trended down slightly to…
Zhangyuan W: Long-term Contract Prices for June
07/06/23 | Tungsten
Shanghai Nonferrous Metal News Zhangyuan Tungsten published the long-term contract prices for the first two weeks of June this Tuesday, which are all up slightly from the previous term. Wolframtie concentrate (55% WO3) at RMB 119,000/t, up by 500/t Shceelite concentrate (55% WO3) at RMB 117,500/t, up by 500/t APT…