Tungsten News

Tungsten News
Super-Large Lithium Deposit Discovered in Hunan, with Accompanying Strategic Minerals like Tungsten 22

On July 9, 2025, the Hunan Provincial Department of Natural Resources announced that through innovative geological exploration theories and prolonged efforts, a super-large altered granite-type lithium deposit was discovered in the Jijiaoshan mining area of Linwu County, Chenzhou City. The deposit contains 490 million tons of lithium ore and 1.31 million tons of lithium oxide resources. It also accompanies strategic minerals such as tungsten, rubidium, and tin, all of which are newly identified resources. Located in the Nanling low mountain…

Tungsten News
Tungsten Prices Hit New Highs – July 11, 2025 24

I. Tungsten Price Trend: All-Round Rise Breaks Through Historical Highs This week, tungsten prices continued to rise strongly. After the long-term order prices of major tungsten companies were announced, the market’s bullish sentiment increased. The supply of raw materials continued to be tight, pushing the prices of major products to continuously refresh historical highs. Affected by this, downstream deep-processing tungsten products passively followed the rise. However, end users have limited acceptance of high prices. Except for a small amount of…

Tungsten News
Tungsten Dual Role: Reflections Under the Surge of New Energy Vehicles 16

According to data from the China Passenger Car Association (CPCA), in June 2025, production and retail sales of new energy vehicles (NEVs) surpassed the milestones of 1.20 million and 1.111 million units respectively, with impressive year-on-year growth rates of 28.3% and 29.7%. Performance for the entire first half of the year was even more robust, with cumulative production and sales reaching 6.457 million and 5.468 million units, up nearly 40% year-on-year. The NEV industry is reshaping the global automotive landscape…

Tungsten News
Impact of the PV Industry’s Anti-Involution on Tungsten Wire 19

As the global energy structure shifts toward low-carbon solutions, the photovoltaic (PV) industry, a cornerstone of clean energy, faces intense market competition and technological upgrade pressures. Recent fluctuations in silicon wafer prices, industry production cuts, and policy guidance have introduced new challenges and opportunities for the PV supply chain. Among these, tungsten wire, a key consumable in diamond wire cutting, has garnered significant attention due to its advantages in enabling thinner wires for silicon wafer cutting. According to data from…

Tungsten News
Tungsten Exploration Investment Increased by Over 50% 15

According to the Ministry of Natural Resources, in the first half of 2025, my country made major breakthroughs in prospecting for important minerals, and 38 new mineral deposits were discovered; non-oil and gas mineral exploration investment continued to grow, among which the investment in exploration of tungsten and other minerals increased by more than 50% year-on-year. Recently, the Office of the Strategic Action for a New Round of Mineral Exploration Breakthroughs of the Ministry of Natural Resources introduced: In the…

Tungsten News
Tungsten Market: High Prices, Low Demand, a Dilemma 27

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are in a strong cycle, but the contradiction between market supply and demand has intensified, confidence in various links of the industrial chain is mixed, and the overall trading atmosphere tends to be cautious. The supply of tungsten concentrate market continues to be tight, and prices remain high. The price of 65% black tungsten concentrate has reached RMB 176,000/ton, with a cumulative increase of more than 23% this year. Low-priced…

Tungsten News
Tungsten Prices Soars Unabated – July 9, 2025 57

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market remains strong, and the prices of major tungsten raw materials are at their highest point so far. The price of 65% wolframite concentrate is at RMB 175,000/ton, up 22.4% from the beginning of the year. Resource scarcity is the main driver of the market. Holders are reluctant to sell, downstream users have limited ability to bear the price of raw materials, and there is not much spot circulation in…

Tungsten News
Impact of EU Restrictions on Chinese Medical Product Access on China’s Tungsten Alloy Enterprises 30

According to reports from the Global Times and related sources, starting June 20, 2025, the EU imposed restrictions on Chinese medical devices from participating in its public procurement for contracts exceeding €5 million. In response, on July 6, China’s Ministry of Finance announced reciprocal measures, excluding EU enterprises (excluding EU-funded companies operating in China) from participating in Chinese government medical device procurements over RMB 45 million, and limiting the share of imported products from non-EU companies in the EU to…

Tungsten News
Tungsten Raw Material Prices Hit a New High – July 8, 2025 43

Analysis of Latest Tungsten Market from Chinatungsten Online The new round of tungsten industry institutions and tungsten companies have moderately raised their quotations, boosting market sentiment. Tungsten raw material prices have once again reached a high level, and tungsten ore prices have reached RMB 175,000/ton (up 22.4% from the beginning of the year). Although some traders and downstream companies have replenished their inventories on a small scale, the overall purchasing rhythm is still cautious and prices are negotiated on demand.…

Tungsten News
APT Long-Order Purchase Price Increased – July 7, 2025 52

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, the domestic tungsten market remained stable overall. Although market confidence was supported to a certain extent, the overall trading atmosphere was weak due to the stalemate between supply and demand. The industry generally waited and waited for the guidance of a new round of industry institutions and mainstream tungsten companies. The mainstream quotation of 65% black tungsten concentrate remained at RMB 174,000/ton. The ongoing geopolitical conflict events strengthened the strategic…

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