Newcrest Mining Tunes into Tungsten

The Australian reports that Newcrest Mining (ASX:NCM) expects to produce 4800 tonnes of tungsten concentrate a year.

The market news is quoted as saying:

That might not seem much, but world output in 2009 totalled just 62,000 tonnes. As the BGS points out, Newcrest’s output would be twice the size of the Xianglushan mine in Jiangxi province.

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