Tungsten News

Tungsten News
Inner Mongolia Will Add 1.14 Million Tons of Molybdenum Resources from 2021 to 2024 114

Recently, the Inner Mongolia Daily reported that during the “14th Five-Year Plan” period, the Inner Mongolia Autonomous Region invested a total of 2.61 billion yuan in geological exploration, identifying vast mineral resources rich in iron, niobium, and rare earths in the Baiyun Ebo South mining belt. From 2021 to 2024, Inner Mongolia leveraged 2.655 billion yuan in social funds for geological exploration, achieving significant growth in strategic mineral resource reserves. For instance, molybdenum resources increased by 1.1427 million tons, iron…

Tungsten News
2025 China 500: Tungsten Enterprises 114

On July 22, 2025, Fortune magazine released the 2025 China 500 ranking, featuring several molybdenum, rare earth, and tungsten enterprises, including Xiamen Tungsten Co., Ltd. (ranked 395th with 2024 revenue of 4,891.7 million USD), Luoyang Molybdenum Industry Co., Ltd. (ranked 138th with 2024 revenue of 29,607.1 million USD), and China Northern Rare Earth (Group) High-Tech Co., Ltd. (ranked 415th with 2024 revenue of 4,581.7 million USD). In 2024, Xiamen Tungsten achieved revenue of 35.271 billion yuan, a decrease of 10.48%…

Tungsten News
Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul 156

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, the frenzy of tungsten prices continued to unfold, with raw material prices reaching unattainable heights, leaving downstream cemented carbide companies in distress. Industry insiders are calling for the market to urgently return to a rational track, addressing supply-demand imbalances and cost transmission mechanisms, while exploring paths for steady price increases and sustainable corporate development to ensure the healthy growth and long-term prosperity of the tungsten industry. As of press time,…

Tungsten News
Surging 30%, Tungsten Ore Price Reaches RMB 190,000! 599

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices rose strongly this week. The main support for the market comes from the continued tight supply of tungsten concentrate, due to the summer weather characteristics and natural conditions in the mining area, policy regulation and market sentiment, international geopolitical and economic environment, and sudden regional conflicts. Cost pressure is transmitted to the middle and downstream industrial chain step by step. The price of major tungsten raw materials rose by about…

Tungsten News
Is It Normal for Tungsten Prices to Remain High? 1,367

Analysis of Latest Tungsten Market from Chinatungsten Online ▏ Current Situation of Tungsten Price: The price of tungsten raw materials continues to rise. Due to the reluctance to sell and the high price of tungsten ore, the overall tungsten market maintains an upward trend driven by costs. The price of tungsten waste and scrap fluctuates, some of which maintain a strong attitude, and some traders cash in profits, and the market price difference has widened. As of press time, 65%…

Tungsten News
Tungsten and Molybdenum Exploration Investment Grew in the First Half of 2025 111

Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow. In the first half of the year, significant breakthroughs were made in the exploration of key mineral types. Notably, the first super-large uranium…

Tungsten News
Tungsten Prices Soar to the Skies – July 23, 2025 1,347

Analysis of Latest Tungsten Market from Chinatungsten Online The price of tungsten market continues to rise, mainly due to the current situation of supply contraction, the expected growth of demand and the impact of policy-based strategic regulation. However, the continued high price of tungsten has significantly suppressed the willingness of downstream purchases. The current market consumption power is insufficient. The rapid increase in prices is easy to increase the risk of bubbles. The industry needs to be vigilant about changes…

Tungsten News
China’s Tungsten Products Exports in the First Half of 2025 177

According to data compiled by Chinatungsten Online from the General Administration of Customs, in the first half of 2025, China’s exports of tungsten products (excluding cemented carbide tools and tungsten halogen lamps) totaled 7,257.99 tons, a year-on-year decrease of 23.94% compared to the first half of 2024. The export value amounted to RMB 2.239 billion, reflecting a year-on-year decrease of 14.57%. Breakdown of Tungsten Product Exports from January to June 2025 From January to June 2025, China exported the following…

Tungsten News
China’s Tungsten Products Exports in the Second Quarter of 2025 77

According to data compiled by Chinatungsten Online from the General Administration of Customs, in the second quarter of 2025, China’s exports of tungsten products (excluding cemented carbide tools and tungsten halogen lamps) amounted to 3,941.04 tons, reflecting a year-on-year decrease of 23.85% compared to the second quarter of 2024, and a quarter-on-quarter increase of 18.82% compared to the first quarter of 2025. The export value was RMB 1.234 billion, showing a year-on-year decrease of 14.30% and a quarter-on-quarter increase of…

Tungsten News
China’s Tungsten Products Exports in June 2025 194

In June, China’s export business for ammonium paratungstate and tungsten trioxides resumed. Specifically, 40 tons of ammonium paratungstate were exported to Japan, with an export value of RMB 8.9714 million (unit price approximately RMB 224,000/ton); and 20 tons of tungsten trioxides were exported to South Korea, with an export value of RMB 5.0527 million (unit price approximately RMB 253,000/ton). The shippers were all registered in Fujian Province. According to data compiled by Chinatungsten Online from the General Administration of Customs,…

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