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China Tungsten Industry Report, 2010-2011

Investing News Network
Apr. 25, 2011 07:32PM PST
Company News

In 2010, China accounts for 85% of the world’s total tungsten output.

In 2010, China accounts for 85% of the world’s total tungsten output.

The press release is quoted as saying:

Tungsten enterprises in China feature small size, large number and low production automation. In the meantime, tungsten products in China are mainly primary tungsten products with weak international competitiveness, which has accelerated the consumption of tungsten resources in China. However, with the increasing concentration of Chinese tungsten industry and enhanced product development ability, the overall competitiveness of China’s tungsten industry will be boosted in the future.

Click here to access the entire press release

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