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.
Continue reading "China’s Tungsten Demand to Grow Eight Percent this Year"
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.
Continue reading "China Tightens Grip on Tungsten Market"
Wednesday, November 18, 2009
North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) announced the appointment of Mr. Kurt Heikkila to the Board of Directors.
Continue reading "North American Tungsten appoints new director"
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.
Continue reading "For tungsten miners, it’s exploration as usual"
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.
Continue reading "Supply cutbacks influence tungsten market"
Thursday, November 6, 2008
The tungsten market is witnessing consistent growth as development around the globe in national defense, civil and war industries are using up all the tungsten supplies they can get their hands on.
Continue reading "Tungsten market poised for growth"
Thursday, October 23, 2008
Tungsten prices have managed to hold steady while all the other base metals dive. In 2004, tungsten was worth US $60 per kilo, and now it oscillates around $260 per kilo. Tungsten’s value is due to its exceptional properties.
Continue reading "Tungsten resilient to market fluctuations"
Friday, August 15, 2008
Over the past four years the price of tungsten has surged from $4 per pound to over $14 per pound. The surge in the price of tungsten has been caused by the fact the China has a monopoly on the market.
Continue reading "Tungsten exploration outside China continues at fast pace"
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, July 22, 2010