tungsten rods,dth drill bits,Cemented Carbide

tungsten rods,dth drill bits,Cemented Carbide are widely used for high-quality solid carbide tools such as milling cutters, end mills, drills or reamers. It can also be used.

Why did China Implement Strict Control on Dominant Resources

National 6 Inch DTH Hammer Land Resources Bureau has recently decided to implement volume control of tungsten, antimony and rare earth. It is an important step in protecting and rationally exploiting of resources and will be of great importance in stabilizing the supply-demand relationship in the global market and enhancing the price-setting voice of our country in dominant ore resources Well Drilling Bits .

Last year, tungsten exploitation seemed performed very well under the control index as the international economy is growing a slow pace, demand for ore has not yet recovered, global demand for tungsten concentrate on the other hand is declining slightly. After the shrinking of demand and falling of price since last year, rare earth market has been weak in grow trends. General speaking a strict control of tungsten, antimony and rare earth is an advisable policy in preventing Thread drill bits over-exploitation and blind competition, meanwhile it also good for  the sustainable development of ore resources.

For a long run, China has been facing with problems like the use ratio for dominant resource is quite low whereas exporting volume is high, and reserve for resources is still not enough. According to the statistics : resources reservation of tungsten, tin , antimony can be used up in 14 years,12 years and 6 years respectively.


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Mongolia: the world's second

As we all know, rare earth is a precious and strategic metal resource, which is called "industrial monosodium glutamate", "industrial vitamin" and "mother of new Yg6 Carbide Tips materials". China is the world's largest reserves of rare earths, with a proven reserves of 65.88 million tons. America has 13m tonnes, Russia 19m and Australia 5m tonnes. However, according to the latest data released by United States Geological Survey and related data collected by Mongolia. Mongolia, which is neighboring to China, has become the world's second largest reserves of rare earths after China, with 31 million tons of rare earth mineral resources, accounting for 20 percent of the world's total rare earth reserves.

Rare earths are widely used in high-end technology fields such as aerospace, electronic information, nuclear industry, petroleum, chemical industry, ceramic glass, permanent magnetic materials and new energy. The importance of rare earth resources tungsten carbide rods can be imagined. Many countries around the world are crazy about rare earth resources. However, some big rare earth reserves do not want to develop large amounts of their own rare earth minerals, or even "seal up" them, so as to import rare earth resources from China at a low price and then accumulate them as strategic reserves.

China is the world's largest producer and exporter of rare earths, supplying most of the world's demand. But for a long time, China's rare earth resources have been exported to other countries at the "price of cabbage", while the domestic rare earth industry also has a chaotic layout, fierce competition among its peers and severe overcapacity. However, as the application of rare earths becomes more extensive and the trading Cemented Tungsten Carbide activities gradually increase, the Chinese government attaches more and more importance to rare earths and controls them, and the supply of rare earths in China has been tightened.

In the fierce global competition for rare earth resources, some major rare earth resource demand is looking for new rare earth supplies. Japan has discovered a vast amount of rare earths under its territorial waters, more than China currently has, but it has no mining technology. Japan is said to be moving away from its dependence on China's rare earths by buying them at high prices from resource-rich Mongolia and being willing to developthem jointly.

Mongolia has a very broad prospect of rare earth mineral resources, and its rare earth minerals are distributed widely, mainly in the provinces of Ubusu, western Kusukur and southwest Donggobi. Five rare earth element deposits, 71 rare earth ore spots and more than 260 rare earth mineralization zoneshave been found. Typical rare earth deposits include Halzangbugetai, Lugengol, Muhegehudag, etc. The rare earth minerals with special exploration and development potential include Tuva-kuzuur rare earth mining potential area, Kent rare earth mining potential area and Daranzadak rare earth mineral potential area.

The rare earth deposits in Mongolia are mainly distributed in feldspathic minerals and alkaline rocks from late Mesozoic, early Mesozoic to mid-late Paleozoic. The known rare earth deposits (point) can be subpided into five types: ?deposit of rare earth elements related to alkaline granite; ?deposit of rare earth elements related to carbonatite; ?deposits of rare earth elements related tocarbonate rocks; ?ion-adsorbed rare earth element deposit; ?type of sand containing rare earth . The alkaline granite type and carbonate type rare earth deposits are the main types of Mongolian rare earth deposits and the most economical types.

Mongolia were pided into three metallogenic province and rare earth elements in seven metallogenic belt. They are Tuva - Kuzuur rare earth elements mineralization province(?), Central Mongolia margin of rare earth elements mineralization province (?) and South Mongolia rare earth element mineralization province(?). Tuva - Kuzuur rare earth elements mineralization province includesDelen-altai metallogenic belt and Ulanqimu - alegerdeni metallogenic belt. Central Mongolia margin of rare earth elements mineralization province includes North hangai - sulleng metallogenic belt, the schalga-gobi altai metallogenic belt and East gobi - kroon metallogenic belt. South Mongolia rare earth element mineralization province includes Mongolia tectonic suture - line metallogenic belt and Gobi - tianshan metallogenic belt. Among them, Delen-altai metallogenic beltand Gobi - tianshan metallogenic belt have the greatest mineralization potential, and a large number of tantalum, niobium, zircon, yttrium and other rare earth elements may be found.

Rare earth resources are rarerthan gold and oil, and key raw materials for high-tech products and military weapons. Mongolia has abundant rare earth resources, but has not been explored or exploited on a large scale. Therefore, we should think deeply -- we should not only strengthen the awareness of rare earth resources protection, leave some for future generations, but also let rare earths become China's "trump card"!

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APT Prices Stabilized on Deadlocked Supply and Demand

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices in China maintained stability in the week began on Monday February 25 because buyers and sellers have different psychological prices for products. Therefore, the market is caught in wait-and-see atmosphere, with rare deals concluded. 

For tungsten ore market, prices keeps firm and sellers who have strong rised mentality are reluctant to sell due to tightening availability of raw materials. Ammonium metatungstate (APT) prices continue to remain unchanged on deadlocked supply and demand. Manufacturers reply on receiving orders from old customers. In the tungsten powder market, continued weak demand and few new increased orders make businesses poor in cemented carbide tool confidence. Taken together, market participants would be quiet in the short term.

Prices of tungsten products on Feb. 26, 2019

Picture of tungsten trioxid

cemented carbide rods

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