Mine Rectification at Xinyu Jiangxi
07/05/21 | Tungsten
China Mining News In response to environmental problems discovered by the 4th Central Government Environmental Inspection Group in April 2021, the local authorities of Xinyu Jiangxi have formulated a case specific rectification plan according to the principles of “one producer one policy” and” one mine one policy”, which is applicable…
China Tungsten Hightech Material: Operational Revenue of RMB9.9 bln in 2020
07/05/21 | Tungsten
China Tungsten Hightech Material Co. Ltd., a subordinate of Minmetals, achieved RMB 9.92 bln in operational revenue in 2020, with an average annual compound growth rate of 6% 2016~2020. The company’s total profit in 2020 was RMB370 mln, reversing a loss of RMB530 mln by end-2015. During the 14th Five-Year-Plan…
Xinfeng Huarui APT Smelter Resumes Operation
30/04/21 | Tungsten
Asian Metal News Xinfeng Huarun APT smelter in Jiangxi, designed with 5 ktpy of APT (88.5% min grade) capacity, resumed operations this week after completion of environmental checks. The company halted operations in mid-April under pressure of environmental checks, curbing its April output to less than 200 tonnes. The company…
JXTC Ganzhou FeW Smelter to Halt Operations
27/04/21 | Tungsten
JXTC Ganzhou FeW Smelter to Halt Operations Asian Metal News JXTC Ganzhou FeW Alloy, the largest FeW smelter in China is set to halt operations and carry out maintenance for a month starting from early May 2021. The company produced 380 t of FeW in April, and aims to resume…
Domestic W Prices Rebound Slightly
23/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices have been on a steady upward trend, approaching RMB10,000/t this week. Mainstream wolframite (65% WO3) is being quoted at RMB97,000~99,000/t, scheelite (65% WO3) prices are RMB96,000~98,000/t and tungsten concentrate prices (50~55% WO3) are RMB94,000~96,000/t. The domestic APT market continues strong, with mainstream prices…
Hunan Shizhuyuan Cuts APT Production
16/04/21 | Tungsten
Asian Metal News Hunan Shizhuyuan cut APT production in April 2021 under pressure from environmental checks underway in Hunan. According to an internal source, the company cut 50% of its APT production in April 2021, a monthly drop of 500 t. ‘We mainly serve long-term contacts. Domestic APT (88.5% min)…
Domestic W Prices on the Rise
14/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices trended up slightly this week, seeing mainstream prices lifting to above RMB95,000/t. Mainstream wolframite (65% WO3) is being quoted at RMB95,000~97,000/t, scheelite (65% WO3) prices are RMB94,000~96,000/t and prices for tungsten concentrate (50~55% WO3) are between RMB92,000~94,000/t. Domestic APT prices edged up slightly,…
Domestic W Market Rebounds
02/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate holders were keen to shore up prices this week, with some making tentative high quotations. Mainstream wolframite (65% WO3) is being quoted at RMB92,000~94,000/t, scheelite (65% WO3) prices are RMB91,000~93,000/t and tungsten concentrate prices (50~55% WO3) are RMB89,000~91,000/t, all describing a slight upward trend.…
Domestic W Prices Edge Down Slightly
29/03/21 | Tungsten
China Commodity Marketplace This week (22~26th March): Domestic tungsten concentrate miners and venders generally held firm on prices, while downstream APT smelters were cautious about high-price level offers – resulting in a flat market. Mainstream wolframite (65% WO3) was quoted at RMB92,000~93,000/t, scheelite (65% WO3) prices are RMB91,000~92,000/t and tungsten…
