Research and Markets: Xiamen Tungsten Co., Ltd (XTC) and China Tungsten Industry Report - 2009 Edition

Wed Oct 21, 2009 10:00pm EDT
 
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DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/66628c/xiamen_tungstenco) has
announced the addition of the "Xiamen Tungsten Co., Ltd (XTC) And China Tungsten
Industry Report, 2009" report to their offering. 

China's tungsten reserve ranks the first place in the world 

The tungsten exploiting in China has an over 100 years' history, over 40 years
before the foundation of P.R.C, and 60 years after, while the tungsten reserves
in China has still accounted for 48.8% of world's total so far, steadily ranking
the first place around the globe. 

China's tungsten consumption tops in the world 

According to ITIA and CTIA, the world's tungsten consumption has increased year
by year, and China has accounted for 1/3 in the world's total consumption. 

China's tungsten products output ranks the first place in the world 

According to statistics, the tungsten concentrate output during 1949-2008
occupied 51.2% in the world's total, and 66.9% during 1986-2008. In 2008, the
output of APT, tungsten powder, tungsten carbide alloys, and tungsten wire
respectively increased 8.8 times, 6.34 times, 5.3 times and 12.3 times. 

China's tungsten trade volume tops in the world 

China's is still the world's biggest tungsten trade country even if the total
export has been restricted, and it has supplied more than 80% of tungsten demand
all over the world. The tungsten product export volume in 2007 rose 11.14%
compared to the year of 2003, and the export sum increased 3.29-fold. 

Apart from the latest development trend of China's tungsten industry, the report
has also introduced the latest operation of Xiamen Tungsten Co., Ltd (XTC). 

Being China's largest tungsten molybdenum product manufacturer and exporter, XTC
has two mines, two tungsten smelting companies, one tungsten carbide company,
four tungsten molybdenum wire materials companies, one international trade
company and one realty development company, forming the complete industry chain
from tungsten mine, smelting to deep processing. It is mainly engaged in R&D,
production and sales of tungsten smelting products, tungsten powder, tungsten
carbide alloys, tungsten molybdenum wire materials and new energy materials, and
its main products consist of smelting product series, tungsten powder series,
and tungsten carbide alloy series. In addition to its output capacity of
tungsten smelting products ranking the world No.1, XTC is also China's largest
producer and exporter of tungsten powder and tungsten carbide powder. Its
production and sales of tungsten molybdenum wire materials takes more than 60%
in national total. Moreover, its product sales network has distributed over ten
countries and regions such as Asia, Europe and America, and annual export volume
accounts for over 35% in China's total. 

Key Topics Covered:

1 Xiamen Tungsten Co., Ltd (XTC) 

2 China's Tungsten Industry 2.1 Tungsten Industry Chain 2.2 Global Tungsten
Industry 2.3 China's Tungsten Industry 2.3.1 Supply 2.3.2 Demand 2.3.3 Price
Trend 2.3.4 China's Tungsten Products Export Policy 

3 Operation of Xiamen Tungsten Co., Ltd, 2009 3.1 Output Capacity of Main
Products 3.2 Revenue and Profit 3.3 Export 

For more information visit
http://www.researchandmarkets.com/research/66628c/xiamen_tungsten_co

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009

 

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