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PART IV OUTSTANDING PROBLEMS & SOLUTIONS OF CHINA TUNGSTEN 4.1 Outstanding Problems Faced 4.1.1 Consumption Rate of Tungsten in China is Higher than the Global Average China’s tungsten resources account for less than 60% of the global reserves, but the exploitation volume has reached more than 80% of the world. The resource consumption rate of China is higher than the global average, and the resource advantage is gradually weakening. Although the identified tungsten resource reserves have increased, the updated basic…

PART III ANALYSIS ON THE SITUATION OF CHINA TUGNSTEN INDUSTRY 2021 3.1 Industrial Policies Ensure the Stable Running of the Industry The Chinese government continues to implement the management principle of total amount control of tungsten mining yearly. In 2021, the total amount control index of tungsten concentrate mining was 108,000 tons, an increase of 2.86% over the previous year. China will continue to implement “the Guiding Catalogue for industrial restructuring (2019) (NDRC No. 29)”, “the Negative List of Market…

PART II DEVELOPMENT STATUS OF CHINA TUNGSTEN INDUSTRY IN 2021 2.1 Overview of Economic of China 2.1.1 Tungsten Production Capacity Increased Steadily The production capacity of main tungsten products increased steadily. According to the statistics of CTIA, the production capacity of China of tungsten concentrate, ammonium paratungstate (hereinafter referred to as APT), ferrotungsten, tungsten carbide powder and tungsten cemented carbide is 177,000 tons, 196,000 tons, 30,000 tons, 90,000 tons and 70,000 tons respectively. Due to the implementation of resource replacement…

2021 is a year of great significance in China’s developing history and the beginning of China’s 14th Five-year Plan. In the face of the complex environment of century changes and century epidemic, China’s cadres and workers in the tungsten industry stick to their original intention, forge ahead, continue to consolidate the stable and good development trend, firmly continue the good trend of steady growth, firmly grasp the established direction of high-quality development, and restore the growth of product output, profits…