Tungsten Investing News» wolframite

Tungsten resilient to market fluctuations

Melissa — Fri, 24 Oct 2008 05:10:00 +0000

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.

Tungsten exploration outside China continues at fast pace

Melissa — Fri, 15 Aug 2008 15:41:34 +0000

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.

Chinese Tungsten Production Declines

Melissa — Thu, 31 Jul 2008 16:20:56 +0000

In the first half of 2008 China’s tungsten production was down 4.01%, with bad weather and stricter governmental regulations to blame. In January and February, devastating snowstorms battered much of the country. In June, severe rainstorms curbed production in the provinces of Jiangxi, Hunan, Guangxi, Fujian and Guangdong.