Tungsten Investing News» ores

Supply cutbacks influence tungsten market

Melissa Pistilli — Wed, 04 Mar 2009 05:38:19 +0000

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.

Sandvik Buys Tungsten Mine to Secure Supply

Melissa Pistilli — Wed, 18 Feb 2009 23:15:23 +0000

Sandvik AB of Sweden has agreed to buy Wolfram Bergbau- und Huetten-GmbH Nfg. KG of Austria. Sandvik is the worlds biggest maker of metal cutting tools. Sandvik is Wolfram's largest customer, buying tungsten from the mine and processing plant.

New applications will benefit tungsten market

Melissa Pistilli — Mon, 19 Jan 2009 03:23:27 +0000

Holiday retail sales were worse than anticipated. The jewelry market was hardest hit, luxury goods sales were down as much as 34%. However, the new Tungsten jewelry market faired exceptionally well over this holiday season.

Will China’s monopoly equal tungsten stability?

Melissa Pistilli — Fri, 21 Nov 2008 04:05:19 +0000

Tungsten, like all other metals has witnessed a precipitous price drop. Data coming out of China, producers of around 85% of the world’s tungsten, shows that most of the Chinese Ferro-tungsten makers have either shut down or decreased output.

Queensland Ores fell 67 percent

Melissa Pistilli — Tue, 18 Nov 2008 19:53:20 +0000

Queensland Ores fell 67 percent to 1.1 Australian cents after stopping production at a tungsten prices fell. For full story, click here