Tungsten price steady, but lack of equity hits mines

- October 3rd, 2008

Tungsten Investing News reports The Haywood Tungsten Industry Report mentions the global demand for tungsten will increase 125, 000 tonnes per year. China is a recent net importer of Tungsten; and the largest producer of the metal on a global scale.  The western world produces only a marginal supply, and is still reliant on China … Continued

Tungsten Investing News reports The Haywood Tungsten Industry Report mentions the global demand for tungsten will increase 125, 000 tonnes per year.

China is a recent net importer of Tungsten; and the largest producer of the metal on a global scale.  The western world produces only a marginal supply, and is still reliant on China to supplement their needs.  The increase in Chinese domestic demand threatens the stability of supply to the western world. The tungsten price has held steady this year; however, tungsten companies are seeing a decline in their share value.

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