Tungsten News

Tungsten News
OECD on Critical Minerals, Institutional Norms and Their Impact on the Chinese Industry 55

The Organisation for Economic Co-operation and Development (OECD) discourse and institutional norms on critical minerals focus on supply chain security, sustainable development and responsible business conduct (RBC), aiming to address the importance and potential risks of critical minerals in the global economy, green transition and national security. The following is a systematic analysis of the OECD’s discourse, institutional framework and implementation, and provides suggestions from the neutral perspective of China’s critical minerals practitioners. 1. OECD Critical Minerals In its reports,…

Tungsten News
What is 3TG? 40

3TG refers to four critical minerals: Tantalum, Tin, Tungsten and Gold, which are named after the initials of their names. These minerals are in the spotlight due to their importance in global supply chains and their potential “conflict mineral” attributes, particularly in industries such as electronics, aerospace, automotive, and jewelry. 1. Definition and Characteristics of 3TG Tantalum: Extracted from tantalite (coltan), it has high corrosion resistance and capacitive properties, and is used in the manufacture of capacitors (widely used in…

Tungsten News
U.S. Critical Minerals Review: The Strategic Role and Global Impact of Tungsten 70

1. Introduction: The Strategic Position of Critical Minerals in the Global Economy and Security Critical minerals (such as rare earths, lithium, cobalt, nickel, tungsten) are the core resources of modern industry and national security, widely used in new energy, electronics, aerospace, military and emerging technology fields, and play an irreplaceable role in global supply chains and geopolitics. Due to its high melting point (3422°C), high density (19.25 g/cm3) and excellent mechanical properties, tungsten is essential in superalloys, semiconductor manufacturing, military…

Tungsten News
China’s Tungsten Product Exports from January to March 2025 41

According to data compiled by Chinaungsten Online from the General Administration of Customs, from January to March 2025, China’s cumulative exports of tungsten products (excluding carbide cutting tools and tungsten halogen lamps, hereinafter the same) totaled 3,316.95 tons. This represents a year-on-year decrease of 24.06% compared to January-March 2024. The cumulative export value amounted to 1,005 million yuan, reflecting a year-on-year decrease of 14.89%. Of this total, from January to March 2025, China exported 127.58 tons of tungsten hexafluoride, up…

Tungsten News
China’s Tungsten Product Exports in March 2025 55

According to data compiled by Chinatungsten Online from the General Administration of Customs, in March 2025, China’s exports of tungsten products (excluding carbide cutting tools and tungsten halogen lamps, hereinafter the same) totaled 821.72 tons. This represents a year-on-year decrease of 50.97% compared to March 2024 and a month-on-month increase of 28.21% compared to February 2025. The export value amounted to 256 million yuan, reflecting a year-on-year decrease of 44.23% and a month-on-month increase of 32.31%. Of this total, exports…

Tungsten News
China’s Tungsten Product Imports from January to March 2025 25

According to data compiled by Chinatungsten Online from the General Administration of Customs, from January to March 2025, China’s cumulative imports of tungsten products (excluding carbide cutting tools and tungsten halogen lamps, hereinafter the same) totaled 3,832.85 tons. This represents a year-on-year increase of 24.26% compared to January-March 2024. The cumulative import value amounted to 487 million yuan, reflecting a year-on-year increase of 8.69%. Of this total, from January to March 2025, China imported 2,900.47 tons of tungsten ores and…

Tungsten News
China’s Tungsten Product Imports in March 2025 38

According to data compiled by Chinatungsten Online from the General Administration of Customs, in March 2025, China’s imports of tungsten products (excluding carbide cutting tools and tungsten halogen lamps, hereinafter the same) totaled 1,109.56 tons. This represents a year-on-year increase of 37.74% compared to March 2024 and a month-on-month decrease of 20.73% compared to February 2025. The import value amounted to 144 million yuan, reflecting a year-on-year increase of 37.74% and a month-on-month decrease of 20.73%. Of this total, in…

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Tungsten Prices Rise But Demand Lags 29

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices rose on Monday, with obvious supply-side push and lagging demand-side response. The tungsten market is characterized by an interplay of supply and demand dynamics alongside policy interventions, resulting in a situation where prices are high but trading volume is low. Industry participants generally awaiting the release of long-term procurement prices from major tungsten enterprises for the latter half of the month. Notably, due to export controls on dual-use items, China’s…

Tungsten News
The Current State and Strategy of the Tungsten Industry Under the Tariff Iron Curtain 28

China’s tungsten industry holds a dominant position globally, with a tungsten output of approximately 65,000 tons in 2024, accounting for 85% of the global total (China Tungsten Industry Association, 2024). However, the industry faces shortcomings in high-end products and technology (high-end cutting tools account for only 20% of the market, China Machine Tool & Tool Builders’ Association, 2024) and a low recycling rate (about 10%). Although there has been no explicit significant tariff increase on China’s critical minerals yet, starting…

Tungsten News
Molybdenum Market Update – April 21, 2025 22

Molybdenum market update on April 21, 2025 At the start of the week, the domestic molybdenum market in China showed slight improvement, primarily reflected in continued modest price increases for mainstream products, heightened enthusiasm among traders, and an increase in market transaction volumes. Today, prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate were approximately 3,270 yuan/ton-degree, 212,000 yuan/ton, and 216,000 yuan/ton, respectively. Recently, steel companies such as Shougang Jingtang, China First Heavy Industries, Zhongyuan Special Steel, Shandong Iron and Steel…

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