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…
Zhangyuan Reduces Long-term Contract W Prices
21/09/22 | Tungsten
Shanghai Nonferrous Metals News Zhangyuan has published its long-term contract prices for tungsten products for the last two weeks of September, with wolframite concentrate (WO3≥55%) at RMB 114,000/t, scheelite concentrate (WO3≥55%) at RMB 112,500/t, and APT at RMB 176,000/t, down by RMB 1,000/t each for concentrate and down by RMB…
Ganzhou W Association Increases Guide Prices in Sept.
06/09/22 | Tungsten
Shanghai Nonferrous Metals News Ganzhou Tungsten Association has published its guide prices for September 2022, raising wolframite concentrate (55% WO3) prices by RMB 2,000/t m-o-m to RMB 115,000/t. APT prices are up by RMB 3,000/t m-o-m to RMB 177,500/t and tungsten powder (medium grain) prices up by RMB 3/kg to…
Xianglu: H1 2022 Operating Income up by 16% Y-o-Y
05/09/22 | Tungsten
23rd August: Guangdong Xianglu’s H1 2022 report shows that the company realized an operating income of RMB 900 mln, up by 16.15% y-o-y. The net profit attributable to shareholders of the listed company was RMB 23 mln down by 4.93% y-o-y. In H1 2022, Xianglu consolidated the market of its…
MNR: 2022 Production Quotas for W
29/08/22 | Tungsten
Sohu News The MNR (Ministry of National Resources) recently published its 2022 quotas for tungsten. The 2022 tungsten mining quotas are 109 kt (converted to 65% WO3), 81.17 kt of which are mining quotas and 27.83 kt are comprehensive usage quotas, up by 1 kt, 350 t, and 650 t…
