China Moly: Operational Revenue Surges in H1 2020
31/08/20 | Tungsten
Finance News 30th August, China Moly’s H1 2020 report showed that the company’s operating revenue reached RMB 46.7 bln, a surge of 368.44% y-o-y. The company produced 7,070 t of molybdenum and 4,664 t of tungsten during H1 2020. Source
New Mine for Zhangyuan W
25/08/20 | Tungsten
Asian Metal News According to its H1 2020 report, Zhangyuan Tungsten has acquired the mining rights and associated assets of the Huangzhulong Tungsten mine in Chongyi County. Zhangyuan Tungsten now owns the mining rights of six tungsten mines, exploration rights of six tungsten deposits, four tungsten smelters, four wholly-owned subordinate…
XTC Publishes Aug. Contract Prices
18/08/20 | Tungsten
China Commodity Marketplace XTC (Xiamen Tungsten Cooperation) published the long-term contract price for the last two weeks of August, increasing APT prices by RMB500/t from the previous term to RMB126,000/t by cash. Source
Domestic W Market Stagnates
17/08/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate holders remained firm on prices this week but transactions were sparse. At present, wolframite (65% grade) mainstream quotations are at RMB84,000~86,000/standard t; scheelite (65% grade) is at RMB83,000~85,000/standard t and tungsten concentrates (50~55% grade) at RMB 81,000~83,000/standard t, all stable from last week. The…
Chenzhou Diamond APT Smelter Suspends Operations
11/08/20 | Tungsten
Asian Metal News Minmetals’ Chenzhou Diamond APT smelter suspended APT (88.5% min) production last week to begin maintenance, which is expected to take a month. The company is scheduled to restart APT production in late August or early September. The company produced 1,000 tonne of APT in July and holds…
Domestic W Market Stable
10/08/20 | Aluminium, Tungsten
China Commodity Marketplace The upswing in domestic tungsten concentrate prices slowed this week led by continuing lackluster downstream demand after concentrate prices rebounded to RMB85,000/t level. At present, wolframite (65% grade) mainstream quotations are at RMB84,000~86,000/standard t; scheelite (65% grade) is at RMB83,000~85,000/standard t and tungsten concentrates (50~55% grade) at…
Ganzhou W Association Increases Prices
07/08/20 | Tungsten
Baidu News Ganzhou Tungsten Association published the forecast prices of tungsten products for August 2020, with 55% WO3 wolframite concentrate prices at RMB81,000/standard tonne; APT at 125,500/tonne and medium tungsten powders at RMB198/kg, up by RMB3,000/standard tonne, RMB4,500/t and RMB8/kg m-o-m respectively. Source
Domestic W Concentrate Prices Firm, APT up Slightly
21/07/20 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices held firm this week. Wolframite (65% WO3 grade) mainstream quotations were at RMB82,000~83,000/standard t; scheelite (65% WO3 grade) at RMB81,000~82,000/standard t and tungsten concentrates (50~55% WO3 grade) at RMB78,000~81,000/standard t. Downstream APT smelters face increasing difficulties in restocking given shortening supply. The domestic…
MNR: 2020 Production Quota for REs and W Ore
16/07/20 | Tungsten
Ministry of Natural Resources 15 July: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) has published the overall rare earth and tungsten mining quotas for 2020. In 2020, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2020 rare…
