Tungsten- The Value Keeps Growing (https://www.researchandmarkets.com/research/55n7jl/china_tungsten_ind) has announced the addition of the "China Tungsten Industry Report, 2012" report to their offering.
The wide application of touch screen technology in electronics products such as as smart phones and tablet PCs boosts the demand for tungsten. As the exploitation of tungsten is circumscribed in many countries, there is acute conflict between tungsten supply and demand. The price of tungsten products kept rising in 2010-2011 and still remained high in Q1 2012 though fell slightly.
China, the country with the richest tungsten resources in the world, holds 65% of the global tungsten ore reserves and accounts for around 85% of the global tungsten ore supply. In 2011, China's output of tungsten ore concentrates (WO3 65%) hit all-time record high of 135,700 tons, up 4.60% over 2010. Restricted by the limited new exploited resources and the policies concerning total exploration amount control and export quotas, China's output of tungsten ores will witness little scope for growth in the coming years and the global tungsten market will present tight supply.
In 2011, Jiangxi Province remained as the largest producer of tungsten ore concentrates in China with an output of 65,830 tons, accounting for 48.5% of national exploration amount, followed by Hunan Province with an output of 31,150 tons, which could be mainly attributed to their abundant tungsten ore resources together making up more than 50% of total tungsten ore reserves in China