China Stockpiles Tungsten, Starting with 10,000 Tonnes of Concentrate
China's State Reserve Bureau plans on a 10,000-tonne tungsten concentrate purchase.
China's State Reserve Bureau plans on a 10,000-tonne tungsten concentrate purchase.
A brief overview of tungsten price developments, supply and demand and significant market movers.
Reuters reported that prices for ferro-tungsten have fallen at lowest since 2010, and traders are blaming Europe’s ailing steel industry for it.
Malaga has placed its tungsten mine on care and maintenance following a power-related accident. Meanwhile, the company is reviewing its plans and searching for financing.
A brief overview of tungsten price developments, supply and demand and significant market movers.
Reuters reported Malaga Inc (TSX:MLG) said it has suspended operations at its tungsten mill in Peru for at least four weeks due to a power disruption.
Reuters reported China Molybdenum Co Ltd (HKG:3993) raised a much less-than-expected $95 million through a share offering in Shanghai.
Platts reported on China's release of quotas tracking the export of tungsten and other rare earths.
Tungsten Investing News spoke with Hallgarten & Company mining strategist Christopher Ecclestone about the current tungsten market in light of recent changes in China.
A brief overview of tungsten price developments, supply and demand, and significant market movers.
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