Zhangyuan Raises W Prices
14/02/22 | Tungsten
Shanghai Nonferrous Metals News Zhangyuan Tungsten raised its long-term contract prices for the last two weeks of February, increasing wolframite concentrate prices (WO3 >55% ) by 1,500/t to RMB115,000/t and scheelite concentrate prices (WO3>55%) to RMB 113,500/t. It also lifted its APT prices by RMB 2,500/t from the previous term…
Post-holiday W Prices Stay Firm
10/02/22 | Tungsten
China Commodity Marketplace The post-holiday tungsten concentrate market remains firm, seeing mainstream wolframite concentrate (65% WO3) prices rising to RMB 117,000~119,000/t, scheelite concentrate (65% WO3) prices up to RMB 116,000~118,000/t and tungsten concentrate (55% WO3) up to RMB 114,000~116,000/t. Domestic APT prices have been on the rise this week, seeing…
MIIT: First Batch of Production Quotas for REs
07/02/22 | Tungsten
SMM News 7 February 2022: MIIT (Ministry of Industrial and Information Technology) published its first batch of rare earth quotas for 2022. The 2022 first round of rare earths mining quotas are 100.8 kt and the smelting quotas are 97.2 kt, both up by 20% from the figures of 84…
Domestic W Prices Increase
07/01/22 | Tungsten
China Commodity Marketplace Ganzhou Tungsten Association has published its guide prices for January 2022, raising wolframite concentrate (55% WO3) prices by RMB 5,000/t m-o-m to RMB 110,000/t. APT prices up by RMB 8,000/t m-o-m to RMB 171,000/t and wolframite powder (medium grain) prices up by RMB 2/kg to RMB 257/kg.…
China RE Group Established
27/12/21 | Tungsten
China Mining News 23rd December 2021: China Rare Earth Group Co., Ltd. was officially established. China Rare Earth Group is directly under the supervision of the SASAC (The State-owned Assets Supervision and Administration Commission of the State Council) and has diversified shareholders. It has six shareholders, including: SASAC (31.21% stake);…
XTC: Acquisition of Bobai W/Mo Mine in Guangxi at RMB 301 mln
16/12/21 | Tungsten
Shanghai Nonferrous Metals News 14th December 2021: Xiamen Tungsten Group (XTC) announced that the company is set to acquire a 100% equity in Bobai Judian from Shenwei Mining Co. Ltd at RMB 301 mln. Located at Bobai County, Guangxi, Bobai Judian owns the mining rights to the Youmapo tungsten and…
Domestic W Prices Rise
15/12/21 | Tungsten
China Commodity Market Place Domestic wolframite concentrate prices (65% WO3) have increased to RMB 107,000~109,000/t, scheelite concentrate prices (65% WO3) at 106,000~108,000/t, and tungsten concentrate prices (55% WO3) at RMB 104,000~106,000/t. Tightening spot supply in conjunction with tungsten venders’ wait-and-see attitudes have shored transaction prices for tungsten concentrates this week.…
Domestic W Prices on the Decline
01/12/21 | Tungsten
China Commodity Market Place The domestic tungsten prices have been on the decline during November 2021. As of end-November, mainstream wolframite concentrate (65% WO3) prices had dropped to RMB105,000~107,000/t; scheelite concentrate (65% WO3) prices RMB104,000~106,000/t and tungsten concentrate (55% WO3) at RMB102,000~105,000/t. Following sliding prices for tungsten concentrates, caustic soda…
Jiangxi: 14th FYP for Nonferrous Metals
30/11/21 | Tungsten
China Nonferrous Metals News The local authorities of Jiangxi recently published ‘14th Five Year Plan for Nonferrous Metals Development’. The document states that by end-2025, the total industrial value generated from tungsten, rare earth and other strategic resource industries in Jiangxi will increase to RMB100 bln. Meanwhile, types of new…
