Fujian Promotes Large-Scale Development of Tungsten and Molybdenum Resources

Published: May 22, 2025 15:03

Save

[Tungsten and Molybdenum: Fujian Promotes Large-Scale Development and Utilization of Tungsten and Molybdenum Mineral Resources] The Department of Natural Resources of Fujian Province has proposed promoting the large-scale development and utilization of mineral resources, with a focus on strategic resources. It has designated the Shangxikeng-Hantangwu molybdenum-fluorite mine in Wuyishan and Pucheng, and the Xichao molybdenum mine in Gutian as national planned mining areas.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

30 mins ago

Tug-of-war between sellers and buyers, producers sell at reduced prices, magnesium market hovers at lows [SMM Spot Magnesium Ingot Express]

[Tug-of-War between Sellers and Buyers, Producers Sell at Lower Profits, Magnesium Market Hovers at Lows] Today, the transaction price of 99.90% magnesium ingot in the main production area was 16,300 yuan/mt, down 50 yuan/mt from yesterday's price.

30 mins ago

46 mins ago

A mine in Guangdong held a tender for scheelite on June 9, with the transaction price linked to the average price.

[Tungsten Express] SMM June 9 news: A mine in Guangdong tendered about 50 standard tonnes of scheelite ore (WO3>15%) on June 9, with the final transaction price based on the five-day daily average of SMM 65% tungsten concentrates price as the benchmark, and a deduction of 279 yuan per degree for grades between 17-65.

46 mins ago

50 mins ago

A Yunnan tungsten mine sold 17 mt of scheelite concentrates through a tender, with the winning bid price at RMB 543,000.

[Tungsten Flash] SMM June 9: A tungsten mine in Yunnan tendered to sell 17 mt in metal content of 50% scheelite concentrates on June 9, with a winning bid price of 543,000 yuan/standard tonne (65% WO3 basis), subject to final approval at tomorrow's meeting.

50 mins ago