Tungco Plans 3,000 tpa Tungsten Scrap Recycling Plant in Kentucky, Seeks Public Subsidies

SMM, 20 Sep: A tungsten enterprise in Chongyi released its long-term purchasing quotes for the second half of September: 1. 55% Wolframite Concentrate: CNY 400,000 per standard ton 2. 55% Scheelite Concentrate: CNY 399,000 per standard ton The long-term mine price was cut by CNY 13,000 per standard ton compared with the first half of the month. 3.Ammonium Paratungstate (APT, National Standard Grade Zero): CNY 580,000 per ton. The long-term APT price was reduced by CNY 20,000 per ton month-on-month (vs first half). Note: All prices are inclusive of 13% VAT.

SMM, September 20 – According to customs data, China’s export volume of tungsten carbide in August 2026 stood at approximately 303.4 metric tons, up 178.3% month-on-month while falling roughly 15.2% year-on-year. The total export value of tungsten carbide in August reached USD 60.285 million, rising 192.3% month-on-month. Major export destinations for tungsten carbide in August were South Korea (64%), Japan (14%), Germany (10%) and France (10%).

SMM, September 20 – According to customs data, China imported 5,505.8 metric tons (wet ton) of tungsten concentrate in August 2026, rising 39.6% month-on-month and 152% year-on-year. The total import value of tungsten concentrate reached USD 73.108 million in August 2026, down 42.2% month-on-month, showing a pattern of higher import volume at lower prices. By country of origin, major suppliers of tungsten concentrate imports in August were Myanmar (46%), Mozambique (26%), Kazakhstan (14%) and Vietnam (2%). Shipments from Myanmar and Mozambique are mostly low-grade polymetallic ores.