The current global consumption for Tungsten is approximately 80,000 tonnes per annum, with 60,000 coming from mines and the balance from recycled material. China is the largest producer and consumer, and they continue to grip the market, however, mining companies outside China are shifting gears- turning exploration focuses to tungsten.
Continue reading "Tungsten discoveries advance"
Friday, August 8, 2008
With the majority of tungsten coming from China, Chinese economic activity arguably has the greatest effect on tungsten metal prices. In 2005 China depressed their exports and increased their domestic consumption.
Continue reading "More Canadian Tungsten Mines on the Way"
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Thursday, August 28, 2008