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    market news

    Jiangxi Rare Metals, H.C. Stark Build Joint Venture Tungsten Plant

    Investing News Network
    Aug. 15, 2012 03:15PM PST
    Critical Metals

    Metal Powder reported Jiangxi Rare Metals Tungsten Group Holding Co Ltd (JXTC) and H.C. Starck have created a joint venture plant.

    Metal Powder reported Jiangxi Rare Metals Tungsten Group Holding Co Ltd (JXTC) and H.C. Starck have created a joint venture plant.

    As quoted in the market news:

    The plant, which will begin production in late 2013, will make tungsten metal powders and carbides exclusively for the Chinese market.
    The companies say that the joint venture will contribute to preserving resources and creating sustainable development in the Chinese tungsten industry. The joint venture will also strengthen H.C. Starck’s raw material supply chain. The facility will create about 400 new jobs.
    Click here to read the full Metal Powder report.
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