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Ferro Tungsten Prices in China Decline with Continued Spread of Coronavirus

Analysis cemented carbide tool of latest tungsten market from Chinatungsten Online

Opening this week, the ferro tungsten and ammonium metatungstate (APT) Cemented Tungsten Carbide prices in China remain weak adjustment with the continued spread of coronavirus around the world. Fortunately, domestic epidemic is effectively control and RMB exchange rate remains stable as a whole, insiders are still optimistic about the Chinese economy. 

With prices of raw materials dropped back to the level before the Spring Festival, market participants are reluctant to sell and have strong mentality to avoid risks of price inversion. But now the market in China and beside China is still weak and is expected to continue this trend in the short term. The whole market will remain quiet in late March.

Prices of tungsten products on Mar. 24, 2020

Picture of tungsten concentrate 

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EU Announces Actions to Ensure Rare Earth Mineral Resources

To make Europe's rare earth materials supply more secure and sustainable, European Commission (EU) has launched new tragedies. The EU Internal Market Commissioner, Thierry Breton Yg6 Carbide Tips stated at a press conference that Europe holds various resources, such as, aluminum, cobalt, and lithium, while they are far from being exploited.

As the COVID-19 outbreak, the European Union is worried that it will increasingly rely on raw materials supplied by other countries in the production of smartphones and other products. Therefore, it recently proposed a new strategy to ensure the source of rare earth minerals.

On September 3, the European Union proposed a new strategy to ensure the source of rare earth minerals, which will reduce its dependence on China, Chile, South Africa, and other countries by establishing the European Raw Materials Alliance.

The COVID-19 epidemic highlights the global dependence on electronic products for remote working. The European Union has also joined the competition with the United States, China, Japan, and other countries to ensure the source of raw materials required in the fields of communications, health, defense, and aerospace.

Gaps in EU capacity for extraction, processing, recycling, refining and separation capacities (e.g. for lithium or rare earths) reflect a lack of resilience and a high dependency on supply from other parts of the world. Certain materials mined in Europe (like lithium) currently have to leave Europe for processing. The technologies, capabilities and skills in refining and metallurgy are a crucial link in the value chain.

The European Commission realizes that it is necessary to reduce risks in the supply of key raw materials for green and digital transformation. These crucial raw materials increased from 27 in 2017 to 30 in 2020. Because of its insufficient, or concentrated in the hands of a few suppliers, UN regards it as critical materials.

tungsten carbide burrs Vice President of the European Commission Maros Sefcovic pointed out that Europe was currently highly dependent on a limited number of non-EU countries for its raw material. For example, China provides 98 % of the supply of REEs, Turkey provides 98% of the supply of borate, and South Africa provides 71% of the needs for platinum and an even higher share of the platinum group metals iridium, rhodium, and ruthenium. The EU relies on single companies for its supply of hafnium and strontium.

Sefcovic pointed out that the European Commission must completely change its practices. This is because it relies heavily on countries with lower environmental and social standards, less freedom, poverty, and non-sustainable economic methods, to provide limited raw materials.

Our strategic foresight tells tungsten carbide bar us that the demand for raw materials is only going to rise. For example, Europe will need almost 60 times more lithium and 15 times more cobalt by 2050 for electric cars and energy storage alone. Demand for REEs used in permanent magnets, critical for products like wind generators, could increase ten-fold in the same period.

The EU also intends to study various innovative methods to reuse, repair and recycle products containing rare earth minerals. The goal is to confirm the possible supply of key raw materials in domestic storage and waste by 2022, and find out what is conducive to recycling these raw materials.

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The rugged quality and security features of tool boxes for Ute are ideal for work and leisure

Your truck bed is not an efficient storage container for your items. How many times have you lost items, both cheap and expensive straight out of your truck? You do not want that. Investing on tool dth hammer boxes for Ute is a perfect way to protect your precious items. Many people may have some difficulty in believing that they need storage like toolboxes for utes, but by understanding their unique functions, it becomes clear why making a small investment in tool boxes for utes can definitely help you protect your precious items. In most cases, it really is all about finding tool boxes for utes that are created with top notch materials and security innovations to ensure that your items are in perfect condition.

Rugged design protects your item
Toolboxes for utes are designed to be rugged. Rugged designs are ideal for outdoor purposes. Metal toolboxes for utes are ideal for trucks since they are made from weather-proofed and solid materials that ensure that your items are safe and sound. If you are always driving around different weather conditions such as sun, rain, snow or wind, if your items are exposed, they will easily get damaged. Problems like rust stains and other kinds of damage can occur if your items are not managed properly. Toolboxes are ideal for those who use their trucks for business purposes since they have a lot more items to lose is they do not invest on good quality tool boxes for utes.

Durable materials protect items against physical damage
Physical damage happens when your items fall, roll out or bump. The damage can also occur when other items of heavier weight suddenly hit another item. Apart from that, physical damage can also happen to your car in which your items can cause surface damage on the bed of your truck. That is why it is ideal to invest on tool boxes for utes. This way, you can keep heavy items secured in one place while other items can be secured in another place. It is all about making sure your items are in perfect condition.

Security locks protect against theft
If you keep your items just at the bed of your truck, you are not really protecting them against theft. With security locks on tool boxes for utes, you can protect your items from getting stolen. Especially if you take expensive hand tools on your travels, you do not want them rock drill bits to be lying around like they are invitations for theft. If you really care about your items and you want to get the most value out of them, buying tool boxes for utes with quality locks will definitely benefit you.

Organized compartments allow for easier item management

Item management is definitely one of the best reasons why you should get tool boxes for utes. Since tool boxes come in a wide range of styles and designs, you can pick a piece that fits your specific needs. You can choose a smaller one for emergency items or a larger one for camping items or for your work-related tools.


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Sanming City, turning waste into recycling tungsten abandoned stone

Clean County Sanming introduce dual German Water Well Drilling mining investment tungsten waste rock recycling project re-election, using a spiral concentrator, shaking flotation beneficiation and desulfurization equipment and other advanced technology, selected content more than 50% of tungsten concentrate. The project is to encourage and support "for the large solid waste disposal" project, plans a total investment of 500 million yuan, an annual investment of 300 million yuan, after the completion, Tungsten waste rock per day 3,000 tons, annual output will reach 500 million yuan, driven more than 300 jobs; at the same time, two German mining will complete construction of an annual output of 80 million green brick production line, to slag be reproduced, turning waste into treasure. At present, the project has completed an investment of 150 million yuan, the plant infrastructure, aqueducts, taper drill bit building and other construction is rapidly advancing, expected in the second quarter suffrage production line can be completed in production.


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Researchers Recover Rare Earths from E

For extracting rare earths from e-waste to make car batteries, researchers at Lawrence Livermore National Laboratory (LLNL) under the US Department of Energy, in collaboration with Pennsylvania State University (PSU) and Idaho National Laboratory (INL), have designed a new process based on a natural protein, that could extract and purify rare earth elements (REE) from low-grade sources. It could offer a new avenue toward a more diversified and sustainable REE sector for the US.

The bacterial protein called lanmodulin can extract and purify rare earth elements in complex metal mixtures at one step, including e-waste and coal by-products.

Rare earth elements are essential for the US to gain competitiveness in the clean energy industry, ground tungsten carbide rods because rare earths are commonly used in many high-tech and national security equipment, including computer components, high-power magnets, wind turbines, mobile phones, solar panels, superconductors, hybrids power/car batteries, LCD screen, night vision goggles, and adjustable microwave resonator.

Up to now, the chemical processes for extracting and purifying rare earth elements are complex and harmful to the environment. Extracting or recovering rare earth elements from new sources such as e-waste and coal by-products, while using natural products such as lanmodulin, may bring great changes.

In 2018, the team of Professor Joseph Cotruvo of PSU isolated the bacterial protein lanmodulin and characterized it, showing that it is the only known macrochelator that can evolve naturally to isolate rare earth elements in a reversible manner. Classical macromolecular isolation elements such as iron or calcium cannot selectively isolate rare earth elements.

The LNL and PSU teams studied the chemistry of the lanmodulin solvent and its potential for industrial applications, such as for car batteries. Their research provides direct evidence that lanmodulin particularly likes to combine with lanthanide elements (belonging to rare earth metals), and has a low affinity for most non-rare earth elements.

In addition, unlike other chemical extraction methods, this protein can quantitatively and selectively extract rare earths from e-waste and coal before combustion in customized tungsten carbide one step.

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