Research firm Roskilde recently reported that if no new mine projects are launched in the next few years, China's stricter environmental regulations and the depletion of mine supply may result in a lack of tungsten resources.
The GF strategy released "A-share evolution", proposing financial supply-side reforms to reshape China's dominant enterprises. Among them, the "non-ferrous metal industry: opportunities for new materials" pointed out that small metal fields (rare earth, tungsten, molybdenum, tin) are important strategic metals.
2019 is the 70th anniversary of the founding of the People's Republic of China. It is a crucial year for the fight against pollution and the success of a well-off society.
Refractory metals such as tungsten, tantalum, niobium, tantalum and molybdenum are extremely important applications in high-tech fields such as atomic energy, aerospace, electronic information and medical diagnosis and treatment involving national security and national economy.
In 2019, the steady supply of tungsten in the market will continue. The price of tungsten concentrate is affected by the decline of resource grade, rising cost, increased safety and environmental protection pressure, and the space for decline is small
China's tungsten industry has generally maintained a stable operating situation. The output continued to grow steadily, the export remained high, the price fluctuated slightly, and the economic benefits of the company continued to improve.
Since 2018, the tungsten industry has generally maintained a stable operation.The output of major products increased steadily. From January to November, the national tungsten concentrate production was 105,000 tons (WO365%), up 2.8% year-on-year;