Tungsten News

Tungsten News
Global Tungsten Reserves Rose by Nearly 5% in 2024 989

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
Focus on Rare Earth: Public Solicitation of Opinions on Total Quantity Control and Information Traceability Management Methods 79

According to China Tungsten Online, in order to implement the “Rare Earth Management Regulations”, effectively protect and rationally develop and utilize rare earth resources, maintain ecological security, and promote the high-quality development of the rare earth industry, the Raw Materials Industry Department of the Ministry of Industry and Information Technology has drafted the “Measures for the Total Control of Rare Earth Mining and Rare Earth Smelting and Separation (Interim) (Draft for Public Comments)” and “Measures for the Information Traceability of…

Tungsten News
Molybdenum Market Update – February 20, 2025 77

Molybdenum market update on February 20, 2025 The domestic molybdenum market as a whole maintained a stable operation, mainly reflected in the fact that traders basically maintained rigid transactions and product prices did not change significantly. In the short term, the shipment status of molybdenum mining enterprises and the trend of the international molybdenum market have become the focus of attention of industry insiders. According to China Tungsten Online, the current market positive factors include: First, the international molybdenum price…

Tungsten News
Rare Earth Market Update – February 20, 2025 100

Rare earth market update on February 20, 2025 There is no significant change in the overall center of gravity of domestic rare earth prices. Under the interweaving of long and short factors, the atmosphere of traders’ negotiations is slightly stalemate, so the market trading atmosphere is relatively weak and the transaction volume is relatively small. At present, the industry focuses on the downstream demand. Today, the prices of praseodymium-neodymium oxide, terbium oxide and holmium oxide are about 435,000 yuan/ton, 6,100…

Tungsten News
Tungsten: An Overlooked Micronutrient for Human Health 117

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
Rare Earth Market Update – February 19, 2025 89

Rare earth market update on February 19, 2025 The overall domestic rare earth market remains tepid, primarily reflected in the cautious sentiment among traders, reasonable fluctuations in the prices of mainstream products, and the scarcity of new orders. According to China Tungsten Online, the recent sharp increase in supplier quotations followed by minor decreases over the last one or two weeks has led to low enthusiasm among downstream users for market inquiries and purchases. Today, the prices saw the following…

Tungsten News
Strengthening International Tungsten Prices and Weakening Domestic Tungsten Prices 100

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 97

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
Baiyun Obo Strives to Exceed 3 Billion Yuan in Rare Earth Industry Output Value by 2025 127

Recently, Baiyun Obo has proposed and innovatively designed a new pattern for the construction of a “2+3+N” industrial system. “2+3+N” refers to “2 flagship industry chains (the mineral resources comprehensive utilization industry chain and the rare earth industry chain) + 3 key development industry clusters (new materials, the modern logistics cluster, and the enclave economic industrial park) + N key focus industries”. Comprehensive investment promotion efforts: By 2025, Baiyun Obo aims to sign 30 projects each worth over 100 million…

Tungsten News
The Revenue of XTC New Energy Exceeded 13 Billion Yuan in 2024 117

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…

1 … 47 48 49 50 51 … 91