China has the richest tungsten resources in the world, its tungsten ore reserves account for 58.95% of the global reserves and it provides the tungsten supply of about 85% for the global every year. In 2012, the new increased resource reserves of tungsten (WO 365%) were 200,000 tons and the output of tungsten concentrates (WO 365%) was 131,100 tons, year-on-year decline of 3.35%. with the influence of limited new explored resources, controlled total mining and policy limitation of export quotas etc., the supply & demand contradiction of tungsten is very obvious. It is predicted that the growth space of tungsten …
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