Tungsten News

Tungsten News
Tungsten Concentrate and Ammonium Paratungstate Prices Fall 448

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices are under pressure and consolidating, with weak coordination between the demand and supply sides. Actual transaction activity is slightly weaker, and the market is watching the performance of long-term purchase prices by tungsten enterprises in the second half of the month. The price of 65% black tungsten concentrate is $20,281.7/ton. Although production has gradually resumed, there has been no significant improvement in downstream consumption capacity and willingness. This has affected…

Tungsten News
Global Tungsten Reserves Rose by Nearly 5% in 2024 3,703

Recently, the United States Geological Survey (USGS) released the global tungsten production and reserves in 2024, as well as the situation of the U.S. tungsten industry. The following is the relevant content compiled by China Tungsten Online. Global tungsten reserves and production in 2024 World tungsten supply was dominated by Chinese production and exports. Tungsten concentrate production outside China was estimated to have increased in 2024 but remained around 20% of total world production, owing in part to the addition…

Tungsten News
Tungsten: An Overlooked Micronutrient for Human Health 195

Tungsten, a metallic element, has long been the focus of attention in the industrial sector due to its high strength, high density, and excellent corrosion resistance. It plays a crucial role in various fields such as carbide alloys, specialty steels, and electronic materials, and is widely used in mechanical processing, optoelectronic information, aerospace, national defense, and military industries. However, when it comes to human health, tungsten is often overlooked, with few people realizing that it is also an micronutrient for…

Tungsten News
Strengthening International Tungsten Prices and Weakening Domestic Tungsten Prices 219

Analysis of latest tungsten market from Chinatungsten Online Since January, expectations for tungsten market supply and demand have shifted. International tungsten prices have strengthened due to supply chain concerns arising from China’s export controls, while domestic tungsten prices have weakened as producers resume operations but the demand side fails to respond adequately. Currently, after experiencing minor adjustments, tungsten raw material prices have returned to a stalemate, with both buyers and sellers adopting a cautious attitude in market transactions. In the…

Tungsten News
New Round of Mineral Exploration Achievements: Significant Breakthroughs Have Been Made in Lithium Rare Earth and Other Mineral Resources 201

Recently, it was learned from the China Geological Survey of the Ministry of Natural Resources that China’s new-round strategic actions for breakthroughs in mineral exploration have achieved remarkable results. Ten one-billion-ton-class oil fields and nineteen one-hundred-billion-cubic-meter-class gas fields have been discovered. Ten large-scale or above uranium deposits have been found, leading to a substantial increase in uranium resources. The resource volumes of 12 minerals, including copper, aluminum, gold, gallium, germanium, and indium, have increased significantly. Substantial breakthroughs have been made…

Tungsten News
The Revenue of XTC New Energy Exceeded 13 Billion Yuan in 2024 276

In 2024, XTC New Energy reported revenues of 13.297 billion yuan, representing a year-on-year decrease of 23.19%. The net profit attributable to the parent company stood at 497 million yuan, a year-on-year decline of 5.70%. After deducting non-recurring net profit of 450 million yuan, there was a year-on-year decrease of 3.36%. The basic earnings per share was 1.18 yuan, showing a year-on-year decrease of 5.60%. At the end of the reporting period, total assets reached 14.695 billion yuan, registering a…

Tungsten News
Beijing University of Technology Overcomes the Problem of Recycling Tungsten and Molybdenum from Waste FCC Catalysts 110

Researchers from Beijing University of Technology have developed an innovative process for efficiently recovering tungsten (W) and molybdenum (Mo) from waste fluid catalytic cracking (FCC) catalysts. The proposed method, termed “oxidative roasting-alkali roasting-wet ball milling leaching,” offers a dual benefit: it significantly enhances the extraction efficiency of these valuable metals while minimizing waste liquid and gas emissions, achieving a balance between resource recovery and environmental sustainability. FCC catalysts are crucial in petroleum refining, particularly in the catalytic cracking process. They…

Tungsten News
USDOC Preliminary Affirmative AD Determination on Tungsten Shot from China 108

According to the announcement by the International Trade Administration (ITA) of the United States, on February 13, 2025, the U.S. Department of Commerce (Commerce, USDOC) announced its preliminary affirmative determination in the antidumping duty (AD) investigation of certain tungsten shot from the People’s Republic of China (China). USDOC is also conducting a concurrent countervailing duty (CVD) investigation of certain tungsten shot from China. Preliminary Dumping Rates: 201.32% (except for one unit with a rate of 183.31%) Case Calendar Event AD…

Tungsten News
Insufficient Tungsten Ore Supply and Weak Alloy Demand 78

Analysis of latest tungsten market from Chinatungsten Online The tungsten market is characterized by a strong stalemate atmosphere. This is due to the insufficient elasticity of tungsten ore supply and limited purchasing demand from consumers. Fundamentals in the market remain in a continuous battle between bulls and bears. Coupled with the uncertain impacts of global geopolitical risks and trade barriers on the macro front, operators are cautious in their trading sentiments, maintaining a stalemate and stability in market conditions. The…

Tungsten News
Jiangxi Tungsten Concentrate Price Remained the Same in January 2025 220

Recently, the official website of the Jiangxi Provincial Development and Reform Commission showed that the average price of 65 kinds of daily necessities included in the monitoring catalogue in Jiangxi increased by 40, decreased by 18, and remained unchanged by 7. Among them, the price of tungsten concentrate in industrial production materials remained unchanged, the price of rare earth remained unchanged, the price of steel fell more than it rose, and the price of copper rose slightly. In terms of…

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