A strong growth in Chinese consumption, an unlikely substitute for the metal, and the high cost of getting new mines into operation will likely support tungsten prices over the next five years.
Continue reading "Tungsten price steady, but lack of equity hits mines"
Thursday, September 18, 2008
The market has been increasingly volatile over the past months, and with this week’s huge adjustments many businesses announced new strategic measures. Tungsten companies were no exception, and a few business changes were announced this week.
Continue reading "Tungsten companies diverge in their response to market challenges"
Thursday, August 28, 2008
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"
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Thursday, October 2, 2008