Jiangxi, Hunan, Henan, Guangxi and Fujian etc. are the major production regions of tungsten in China. In 2012, the total output of tungsten concentrates (WO 365%) in the above provinces accounted for over 88% of the total output of tungsten concentrates in China.

1. Research on Global and China Tungsten Industry, 2013-2017
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China has the richest tungsten resources in the world, its tungsten ore reserves
account for 58.95% of the global reserves and it provides the tungsten supply of
about 85% for the global every year. In 2012, the new increased resource reserves
of tungsten (WO 365%) were 200,000 tons and the output of tungsten concentrates
(WO 365%) was 131,100 tons, year-on-year decline of 3.35%. with the influence of
limited new explored resources, controlled total mining and policy limitation of
export quotas etc., the supply & demand contradiction of tungsten is very obvious. It
is predicted that the growth space of tungsten ore output in China limited in a few
years and the global market supply of tungsten will still take on a tight situation.
Jiangxi, Hunan, Henan, Guangxi and Fujian etc. are the major production regions of
tungsten in China. In 2012, the total output of tungsten concentrates (WO 365%) in
the above provinces accounted for over 88% of the total output of tungsten
concentrates in China, among which, Jiangxi ranked the first with the output of
tungsten concentrates (WO 365%) of 46,500 tons.
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In 2012, the total output of tungsten concentrates in China was 140,000 tons, with
year-on-year growth of 4.1%. From the view of resources, the concentration ratio of
tungsten concentrates is relatively high. In 2012, the tungsten concentrates output
of China Minmetals Corporation and Ganzhou Tungsten Industry Association (called
GTIA for short) was respectively 40,000 tons and 25,000 tons, accounting for 29%
and 18% of the total output of tungsten concentrates in China, and the total output
of them accounted for nearly half of the total output of tungsten concentrates in
China.

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If the commerce is considered, the influence and control force of China Minmetals
Corporation is larger. It is estimated that the supply of Chinese domestic tungsten
concentrates controlled by China Minmetals Corporation accounts for over 50%. In
addition to China Minmetals Corporation, the larger ones are respectively GTIA accounting
for 18%, China Molybdenum Co., Ltd. of 7%, Xiamen Tungsten Co., Ltd. of 5% and Zijin
Mining Group Co., Ltd. of 4%; others are the small enterprises.
In 2012, as the downstream demand for tungsten in the machinery processing,
electronics, real estate and other market, got slowly, China’s tungsten market developed
slowly, consumption of tungsten concentrates (WO365%) products with year-on-year
decline 15.6%?prices of products continuing to fall.
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According to Huidian Research, the industrial chain of tungsten industry also continues to
be perfected; more and more enterprises develop to the deep processing orientation; the
output of hard alloy increases steadily; the technological level is improved year by year,
the gap of which with the foreign ones is continuing to become small. The structure
adjustment of products will be the development trend of tungsten industry in the future,
among which, the high-end hard alloy products will be the key point. It is predicted that
the compound growth of demand for tungsten in China will be about 8% and market
demand for tungsten will reach 110,000 tons by 2017.
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