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2018 Tungsten Market Review and 2019 Outlook

In 2018, my country's tungsten industry generally maintained a stable operation. The output of tungsten concentrate was stable, and the output of smelting and processing products continued to increase, especially the output of cemented carbide continued to maintain a double-digit growth trend; the export volume of tungsten products maintained growth, but the growth rate declined, and the imported tungsten products increased; the price of tungsten market declined, and the overall stability was stable. Due to the direct damage of the Sino-US trade friction to the export of tungsten products and the indirect drag from the downturn of tungsten consumption-related industries such as 3C and automobiles, in the second half of 2018, the export volume and price of my country's tungsten products declined, the economic benefit of enterprises fell, and the enterprises made profits. The ability differentiation has intensified, and the foundation for the industry's economic situation to improve needs to be further consolidated.

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The total control index of rare earth tungsten mining in 2020 is determined

Inner Mongolia, Heilongjiang, Zhejiang, Anhui, Fujian, Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Guangxi, Sichuan, Yunnan, Shaanxi, Gansu, Xinjiang and other provinces (autonomous regions) in charge of natural resources, industry and informatization:

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China Tungsten Hi-Tech Plans to Acquire 84.97% Equity of Southern Hard Company to Eliminate Horizontal Competition and Improve Core Competitiveness

On the evening of August 23, China Tungsten High-tech (000657.SZ) announced that in order to further integrate the superior cemented carbide business, implement the strategic layout of the company's high-end cemented carbide industry, and fulfill the commitment of the actual controller to eliminate actual control. The company intends to acquire Nanchang Cemented Carbide Co., Ltd. (hereinafter referred to as Minmetals Tungsten) held by its actual controller subsidiary Minmetals Tungsten Group Co., Ltd. (hereinafter referred to as Minmetals Tungsten) through non-public agreement transfer Southern Hard Company) 84.97% stake.

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Ending the 100-year history of "hand-selection" in metal mines, Jiang Tungsten's new generation of intelligent ore sorting machine was successfully developed and put into operation

Intelligent identification, real-time monitoring, modular structure design, 30% reduction in body size, and 8% increase in processing capacity. The application of a new generation of intelligent ore sorting machines has ended the nearly 100-year history of "hand selection" in metal mines. On September 19, Jiangxi Tungsten Industry Holding Group Co., Ltd. held a promotion meeting for a new generation of intelligent ore sorting machines. At present, this product has been successfully developed and put into use in Jiangxi Tungsten.

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Xiamen Tungsten New Energy's IPO may suffer from serious problems: there are many problems such as relying on government subsidies for "blood transfusion" and high asset-liability ratio

Recently, the Shanghai Stock Exchange officially accepted the listing application of Xiamen Xia Tungsten New Energy Materials Co., Ltd. (hereinafter referred to as "Xia Tungsten New Energy") on the Science and Technology Innovation Board, and Xia Tungsten New Energy started a sprint journey on the Science and Technology Innovation Board. The company plans to raise 1.5 billion yuan for the industrialization project of lithium-ion battery materials with an annual output of 40,000 tons.

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China Tungsten High-tech: Strive to enter the world's first camp in the same industry during the "14th Five-Year Plan"

For every 3 mobile phones produced in the world, 1 mobile phone uses Chinatungsten High-tech micro drills in the production process. At present, the market share of precision micro drill bits for printed circuit boards (PCB) of Jinzhou Company, a subsidiary of Chinatungsten High-tech, ranks first in the world. monopoly.

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2022

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The Ministry of Natural Resources issued the 2021 annual rare earth tungsten mining total control index

In order to protect and rationally develop advantageous mineral resources, in accordance with the relevant regulations on the management of protective mining of specific minerals, the Ministry of Natural Resources recently issued the "Notice on the issuance of the total control indicators for rare earth tungsten mining in 2021 (the first batch)" ( hereinafter referred to as the "Notice"). The content of the notice shows that in 2021, the total amount of rare earth and tungsten mining will continue to be controlled, and the total amount of rare earth and tungsten mining in 2021 will be controlled in two batches.

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China Tungsten High-tech: Promoting the tungsten industry from "bigger and stronger" to "doing good and going far"

During the "13th Five-Year Plan" period, China Tungsten High-tech became the operation and management platform of China Minmetals tungsten industry. Facing the unfavorable situation of heavy historical burden and many loss-making enterprises, under the strong leadership of the Party Group of China Minmetals, China Tungsten High-tech has experienced a development process of "reform and consolidation, gaining momentum, initial results, and quality improvement". One step, many old accounts have been clarified, many problems have been solved, and the company's performance has achieved a fundamental and sustainable improvement. The operating income exceeded 10 billion yuan, with an average annual compound growth rate of 6%; the total profit for the current period exceeded 600 million yuan, an increase of 900 million yuan compared with 2016, further consolidating the leading position of the domestic tungsten industry and becoming the company's "14th Five-Year Plan". development has laid a solid foundation.

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Ganzhou Hongfei Tungsten and Molybdenum Materials Co., Ltd.

Address: No. 8, Shahekou Road, Shahe Industrial Park, Zhanggong District, Ganzhou City, Jiangxi Province

Web: www.en.ganzhou-tungsten.com

Tel: 0797-8457706

Fax: 0797-8221529

 

 

 

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