Tungsten News

Tungsten News
Ammonium Metatungstate Is Not Currently Subject to Dual-Use Item Controls 28

On February 28th, in response to recent inquiries from enterprises and following communication with relevant departments of the General Administration of Customs, the Ministry of Commerce (MOFCOM) provided answers to common identification questions regarding tungsten, tellurium, and related items. One of the highly anticipated questions was whether ammonium metatungstate falls under the scope of dual-use item controls. MOFCOM clearly stated that ammonium metatungstate, an acidic compound of tungsten, is not included in the list of dual-use items currently under control.…

Tungsten News
MOFCOM Answers Common Identification Questions on Controlled Items Related to Tungsten and Tellurium 26

On February 28, the Bureau of Safety and Control of the Ministry of Commerce (MOFCOM), based on recent inquiries from enterprises and in communication with relevant departments of the General Administration of Customs, provided answers to common identification questions regarding tungsten, tellurium, and related items. 1. How can export operators determine whether the tungsten-related products they intend to export are subject to control as dual-use items? Answer: Export operators should refer to the relevant provisions of the Announcement No. 10…

Tungsten News
Tungsten Prices in a Declining Phase 50

Analysis of latest tungsten market from Chinatungsten Online In March 2025, the forecast average prices by industry bodies and the long-term contract prices for the first half of the month set by several tungsten enterprises were adjusted downwards, clearly indicating a downtrend in the tungsten market. The market demand side showed weak feedback due to macroeconomic factors, while the supply side had limited resources during the National People’s Congress and Chinese People’s Political Consultative Conference sessions. Participants approached negotiations with…

Tungsten News
Jiangxi’s Tungsten and Rare Earth Industry Output Value Is Expected to Exceed 100 Billion Yuan 19

Recently, according to the official website of the Jiangxi Provincial Market Supervision Administration, in recent years, the Ganzhou City Market Supervision Bureau has seized the opportunity to establish the National Tungsten and Rare Earth Industry Metrology Testing Center. By building a professional technical service platform and deeply implementing the “Three Comprehensives and One Proactive” metrology testing service, it has promoted the transformation of Ganzhou from a “resource treasure trove” to an “industrial highland,” actively empowering the high-quality development of Jiangxi’s…

Tungsten News
Zhangyuan Tungsten Industry’s Net Profit Rose by More Than 20% in 2024 15

Recently, Zhangyuan Tungsten Industry released a report stating that the company achieved operating revenue of 3.673 billion yuan in 2024, a year-on-year increase of 8.02%; operating profit of 224 million yuan, up 27.89% year-on-year; net profit attributable to the parent company of 177 million yuan, up 23.25% year-on-year; non-GAAP net profit of 185 million yuan, up 36.41% year-on-year; and basic earnings per share of 0.15 yuan, up 25.00% year-on-year. By the end of the reporting period, total assets reached 4.95…

Tungsten News
Tungsten Powder and Tungsten Waste and Scrap Prices Under Pressure 10

Analysis of latest tungsten market from Chinatungsten Online The overall trend of tungsten prices remains in a stalemate, showing weak stability. The complex international political and economic environment, coupled with sluggish industry demand, continues to exert bearish pressure on market sentiment. Recently, buyers have turned pessimistic, while sellers are cautious about selling, awaiting new quotes from institutions and tungsten companies, as well as signals from the recent National People’s Congress. The price of 65% wolframite concentrate is hovering around $20,140.8/ton.…

Tungsten News
Tungsten Market Faces Evident Supply-Demand Imbalance 48

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices remain stable for now, with no significant updates on the supply side. On the demand side, constrained by the complex international economic environment and foreign trade conditions, market sentiment has been generally weak recently. Due to the limited availability of tungsten ore resources, the market has shown relative resistance to price declines, and negotiations continue with caution. In the tungsten concentrate market, the “tight supply” situation supports a relatively firm…

Tungsten News
Prices of APT & Tungsten Waste and Scrap Decline 43

Analysis of latest tungsten market from Chinatungsten Online On Monday, tungsten prices continued to exhibit a trend of weak stability. The market supply and demand relationship remained at an impasse, and the complex export environment raised concerns about demand for some smelting and alloy products. Recently, the seller market has shown relative weakness, and the tungsten market is under pressure. Participants are waiting to see new quotes from institutions and enterprises at the beginning of the month. The price of…

Tungsten News
Guangxi’s Tungsten Ore Exploration Leads to Fruitful Results in Strategic Mineral Exploration 49

On February 24, according to the Guangxi Zhuang Autonomous Region Bureau of Geology and Mineral Resources, from 2021 to 2024, the bureau carried out mineral exploration work for strategic minerals such as tungsten, rare earths, aluminum, manganese, tin, antimony, zirconium, nickel, fluorite, and other minerals urgently needed by industries such as quartz sand and calcium carbonate, promoting Guangxi’s special exploration to achieve significant results. By the end of 2024, a total of 14 large and medium-sized deposits of strategic minerals…

Tungsten News
China Tungsten Market Declines in February 2025 45

Analysis of latest tungsten market from Chinatungsten Online The overall tungsten market in China showed a downward trend in February 2025. The main factors contributing to the bearish sentiment in the market were: (1) The export control policy for tungsten-related items introduced on February 4, which led to an extension of the short-term export certification process and an overall slowdown in market exports; (2) After the resumption of work following the Spring Festival, the industry supply slightly increased, but demand…

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