Tungsten News

Tungsten News
Uzbekistan to Develop 76 Mineral Projects Including Tungsten Over Three Years 112

In recent years, Uzbekistan has been ambitiously positioning itself as a leader in the global rare minerals sector. In March 2025, the country unveiled a three-year investment plan worth $2.6 billion aimed at developing 76 mineral projects, including tungsten and molybdenum, encompassing 28 critical elements. This strategic initiative is designed not only to revitalize the domestic economy but also to transform Uzbekistan into a key player in the global technology supply chain through the high-value development of its mineral resources.…

Tungsten News
Discovery of Large-scale Tungsten-Molybdenum Ore Bodies in Bobai County, Yulin, Guangxi 53

In 2024, the Sixth Geological Team of Guangxi made significant progress in the “Geological Survey and Evaluation of Tungsten-Molybdenum Polymetallic Ore in Daqiao, Luchuan County – Ningtan, Bobai County, Yulin City” project implemented in Jingkou Town, Bobai County, Yulin City. The discovery of multiple tungsten-molybdenum ore bodies has further revealed the mineral resource potential of this area. Through systematic exploration, the project has delineated 46 tungsten (molybdenum) ore bodies. In 2024, 19 new ore bodies were discovered in the Xinxiu…

Tungsten News
Tungsten Prices Stable Amid Cost Support and Weak Demand 45

Analysis of latest tungsten market from Chinatungsten Online On Monday, the tungsten prices remained stable, but the market inquiry and transaction atmosphere are still under pressure. The sluggish demand side has led to slow inventory digestion in the mid-to-downstream sectors of the industry chain; however, with rigid cost support from the mining end, there is limited room for the price to continue declining. Recently, the tungsten market has exhibited cautious sentiment, with trading primarily driven by demand. Prices are holding…

Tungsten News
The Tungsten Concentrate Output of Youmapo Tungsten-Molybdenum Mine after the Production Process Has Attracted Attention 52

Recently, according to a report from China Mining News, in Jingkou Town, Bobai County, Guangxi Zhuang Autonomous Region, the project team of the Guangxi Sixth Geological Team, working on the “Geological Survey and Evaluation of the Daqiao-Ningtan Tungsten-Molybdenum Polymetallic Deposit in Luchuan County and Bobai County, Guangxi,” is carrying out drilling operations for the final borehole. The sounds of drilling and machinery resonate loudly as the team lowers and retrieves the drill. It is reported that this project builds on…

Tungsten News
Hubei Scheelite Concentrate Average Price Increased in January 2025 32

Recently, according to information from the official website of the Hubei Provincial Department of Natural Resources, in January 2025, the average price of 65% white tungsten concentrate in Hubei was 143,279 yuan/ton, reflecting a month-on-month increase of approximately 1.16% and a year-on-year increase of about 17.47%. The average price of 60% white tungsten concentrate was 142,279 yuan/ton, up approximately 1.17% month-on-month and 17.62% year-on-year. The average price of APT (ammonium paratungstate) was 211,912 yuan/ton, showing a month-on-month increase of about…

Tungsten News
2025 Hubei Tungsten and Molybdenum Mining Rights Transfer Income Market Benchmark Price 37

To further implement the spirit of the “Notice of the Ministry of Finance, the Ministry of Natural Resources, and the State Taxation Administration on Issuing the ‘Measures for the Collection of Mineral Rights Transfer Proceeds'” (Cai Zong [2023] No. 10) and the “Notice of the General Office of the Ministry of Natural Resources on Issuing the ‘Guidelines for Formulating Market Benchmark Prices for Mineral Rights Transfer Proceeds'” (Zi Ran Zi Ban Han [2023] No. 1905), the Hubei Provincial Department began…

Tungsten News
Jiangxi Tungsten Concentrate Average Price Increased in February 2025 47

Recently, according to information from the official website of the Jiangxi Provincial Development and Reform Commission, in February 2025, the average prices of 65 essential consumer goods monitored in Jiangxi showed a mixed trend: 29 increased, 27 decreased, and 9 remained stable compared to the previous month. Among industrial production materials, tungsten concentrate prices saw a slight increase, rare earth prices rose, steel prices experienced more declines than increases, cement prices edged down slightly, and sand and gravel prices fell.…

Tungsten News
Tungsten Market: Weak Trends Under Supply-Demand Pressure 74

Analysis of latest tungsten market from Chinatungsten Online This week, tungsten prices overall showed a weak consolidation, with the main negative factor stemming from market supply and demand pressure. Following the conclusion of an important domestic meeting, market confidence, previously supported by tight mining resources, has weakened. The international macroeconomic situation remains severe, with unclear signals of recovery in both demand and capital. The fundamental contradictions in the tungsten market continue to be prominent, and the recent market trend is…

Tungsten News
Tungsten Market Stagnant, Industry Sentiment Divided 51

Analysis of latest tungsten market from Chinatungsten Online The tungsten price remains locked in a sideways consolidation, with sentiment across the industry chain diverging sharply. The market transaction atmosphere is subdued, and the overall market is under pressure to stabilize. Tungsten Concentrate Segment In the tungsten concentrate segment, the supply side continues to experience tightness. On the consumer side, resistance to high prices has intensified, leading to a demand-driven procurement strategy. This has resulted in a standoff in market transactions.…

Tungsten News
Tungsten and Cobalt Prices Diverge, Cemented Carbide Sector in Stalemate 50

Domestic Tungsten Market Trends and Fundamentals The trend of domestic tungsten prices is weakly stable, with market fundamentals remaining in a stalemate. Resources at the mining end are limited, and terminal demand is poor. Intermediate smelting manufacturers are facing significant pressure from inventory accumulation and price inversion. Macroeconomic Influences Recently, overall confidence in the macroeconomic environment has been weak. High international trade barriers, along with sanctions and counter-sanctions between major countries, are affecting export business. Additionally, the cooling of manufacturing…

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