2012/04/04

The New Weapon of Trading: Tungsten and/or Rare Earth of China?

The New Weapon: Tungsten and/or Rare Earth of China?
China has 65% of the world’s tungsten ore reserves, and accounted for about 85% of the global total tungsten output in 2010. As of 2010, China’s tungsten metal reserves were only 1900 thousand tons, which can merely be utilized for 20 years at the current rate of depletion. In order to promote reasonable exploration and utilization, tungsten was classified among the protected resources in China in 1991, and policies on limitation of exploration and exportation have been implemented from then on.
Output and Exploitation Quota of Tungsten Concentrate (WO3, 65%) by Region in China, 2009-2010 (Ton)
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 Source: www.ctia.com.cn 


It is reported that China will cut down the export of tungsten raw materials because of the reason of enviroment protection in the future, then more and more international buyer and end user have to buy the tungsten sintered products from China's manufacuturers.
But if the buyer from military, from army, dose it may let China know how are these tungsten parts should be used? and when these tungsten may be shotted to China?
There's a real problem but not the materials itself, but the uses or application the materials, is that right? I don't know.
Hanns CEO/Chinatungten.com

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