Domestic W Market Remains Stable
02/06/20 | Tungsten
China Commodity Marketplace Domestic tungsten market remains stable at present. Despite more incentives to sell, tungsten miners are still holding firm on prices. Mainstream wolframite prices are RMB82,000~84,000/t (65% WO3), scheelite prices are RMB81,000~83,000/t (65% WO3) and tungsten concentrate prices at RMB79,000~81,000/t. The domestic APT market appears flat, seeing mainstream…
Domestic W Market Remains Steady
13/05/20 | Tungsten
China Commodity Marketplace Domestic tungsten miners continued to hold firm on prices this week with little interest of selling at low prices. Mainstream wolframite (65% WO3 grade) prices dropped to RMB 77,000~79,000/t, scheelite (65% WO3 grade) prices dropped to RMB 76,000~78,000/t and tungsten concentrates at (55% WO3 grade) were RMB…
Domestic W Miners Continue to Hold Firm on Prices
30/04/20 | Tungsten
China Commodity Marketplace Domestic tungsten miners continued to hold firm on prices this week with little interest of selling at low prices. Mainstream wolframite (65% WO3 grade) prices dropped to RMB 77,000~78,000/t, scheelite (65% WO3 grade) prices dropped to RMB 76,000~77,000/t and tungsten concentrates at (55% WO3 grade) were RMB…
Zhangyuan Tungsten: 2019 Annual Report
30/04/20 | Tungsten
China Commodity Marketplace According to the 2019 annual report of Zhangyuan Tungsten, the company’s revenue reached RMB1.83 bln, down 2.22% y-o-y during the reporting period. The net profit attributable to shareholders of the listed company represented a loss of RMB288 mln in contrast to positive profits last year. Basic earnings…
China Tungsten Hitech Materials: 2019 Annual Report
27/04/20 | Tungsten
Shanghai Nonferrous Metals News 27th SMM: China Tungsten Hitech Materials published its 2019 annual report, stating that during the reporting period, the company realized an operating revenue of RMB8.085 bln, down 1.12% y-o-y. Net profit attributable to shareholders of listed companies was RMB123 mln, down 9.31% y-o-y. The decline can…
Domestic W Market Stagnant
22/04/20 | Tungsten
China Commodity Marketplace The domestic tungsten concentrate market has stagnated with few transactions as miners are reluctant to sell at low prices and are looking for a short-term rebound. At present, wolframite (65% grade) mainstream quotations are holding steady at RMB 76,000~77,000/standard t; scheelite (65% grade) is at RMB75,000~76,000/standard t…
Xiamen W: 2019 Net Profits Down by 47.76% Y-O-Y
20/04/20 | Tungsten
China Finance News Xiamen Tungsten Annual Report, 17th April: the company achieved a total operating revenue of RMB17.396 billion in 2019 down 11.05% y-o-y, the net profit attributable to shareholders of listed companies was RMB 261 million, down 47.76% y-o-y. “Tungsten molybdenum and other non-ferrous metal products” generated most of…
Domestic W Market Stable at Low Level
16/04/20 | Tungsten
China Commodity Marketplace Domestic tungsten prices have stopped falling, with miners refusing to sell at low prices. At present, wolframite (65% grade) mainstream quotations are at RMB75,000~76,000/standard t; scheelite (65% grade) is at RMB74,000~76,000/standard t and tungsten concentrates (50~55% grade) at RMB 71,000~74,000/standard t, all holding stable from late week.…
Ganzhou Jiangxi: Standard for Construction of Green W Mines
10/04/20 | Tungsten
China Mining News The local authorities of Ganzhou, Jiangxi, recently published “Standard for Construction of Green Tungsten Mines”, which is to be implemented from May 1st, 2020. The Standard defines general principles, mining environment, resource development, comprehensive utilization, energy conservation and emission reduction requirements of green construction of tungsten mines,…
