China is taking measures to make sure they will be able to supply their domestic tungsten demand; but these measures have a few countries calling foul play.
Read the full article: "China’s Tungsten Demand to Grow Eight..."
Monday, June 7, 2010
China’s tungsten market monopoly is often blamed for the metal’s volatility, but in the case of a post-recession rebound, the monopoly appears to be a good thing.
Read the full article: "China’s Monopoly Favours Tungsten Rebound"
Wednesday, May 5, 2010
Geodex Minerals Ltd. (TSX-V:GXM), (the “Company” or ‘Geodex’) has annouced the appointment of Michael MacLeod, PEng as part of the Company’s board of advisors.
The press release is quoted as saying:
Mr. William Gardiner has resigned as a member of the Company’s advisory board. Geodex thanks him for his valuable insights.
Click here to access the entire press [...]
Read the full article: "Geodex Minerals Ltd., Announces New Advisory..."
Wednesday, May 5, 2010
Since the announcement of restarting tungsten and tin production at Hemerdon in the United Kingdon in 2007, Australian-based Wolf Minerals (ASX: WLF) has big hopes of starting the plan. The Devon mine is believed to be one of the world’s largest sources of tungsten and tin and the plan is possible since Tungsten is in [...]
Read the full article: "Wolf Minerals Soon Restarts Tungsten Mining..."
Monday, April 26, 2010
China has had a long standing monopoly on the tungsten market, and has taken some questionable moves to maintain their domination of the market.
Read the full article: "China Tightens Grip on Tungsten Market"
Tuesday, October 20, 2009
Low demand, low prices, and the break up of the former USSR has led to a collapse in tungsten production. With China soldering on as the predominant tungsten producer in the world, the West is seeking out direct ownership of non-Chinese mines. Where is the fresh supply?
Read the full article: "West Eager To Break Chinese Monopoly"
Friday, March 27, 2009
The ferro-tungsten market has been stagnant in recent weeks, with only a handful of transactions taking place. Last Friday, in China, inactivity translated into a dip in prices. Ferro-tungsten fell to $25.90 a kilogram, down from the recent rate of $28.00 per kilogram.
Read the full article: "Stagnant tungsten market dips prices"
Friday, March 13, 2009
The tungsten market has been quiet for ’09. Ferro-tungsten prices have been slowly creeping up due to short supply, so it is exploration as usual for the tungsten business. Tungsten exploration outside of China is critical, as the country has a monopoly on the metal used for military and aeronautical equipment.
Read the full article: "For tungsten miners, it’s exploration as..."
Tuesday, March 3, 2009
Chinese ferrotungsten export prices have been creeping up since the conclusion of the spring festival in January. Low prices in the fourth quarter of 2008 pushed many key tungsten producers to stop operations. The same miners have announced, that despite the current trend, they do not plan to resume mining and production in short term.
Read the full article: "Supply cutbacks influence tungsten market"
Sunday, February 1, 2009
European Ferro tungsten prices crept up for the week as buyers drew down inventories in Rotterdam. For a second week in a row, the Lunar New Year Holiday in China meant lack of supplies were coming out of the country.
Read the full article: "Tungsten shortage buoys price"
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Thursday, July 22, 2010