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market news

Tungsten production resumes

Investing News Network
Oct. 21, 2010 11:29AM PST
Critical Minerals Investing

Metal Powder Report said that production has resumed at the NWT CanTung tungsten mine, owned by North American Tungsten Ltd. ( CVE:NTC), after  production was halted temporarily. The story is quoted as saying: We are so pleased to be back in production and that will we will be shipping tungsten concentrate to customers this month […]

Metal Powder Report said that production has resumed at the NWT CanTung tungsten mine, owned by North American Tungsten Ltd. ( CVE:NTC), after  production was halted temporarily.

The story is quoted as saying:

We are so pleased to be back in production and that will we will be shipping tungsten concentrate to customers this month (October),” said Stephen Leahy, CEO. “The recent price rise of tungsten to US$265/$268/metric tonne unit Ammonium Paratungstate is a further testament to the continued strong demand and very slim supply.”

For the full story, click here.

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