China Imports And Exports APT ?July 15 2020.
This is a bit of a confusing backflip, due to China being the top dog for Tungsten mining, but importing APT from other countries, then exporting back ?
Do they have a process problem ?
Stuffed if I know..
Excerpt :- "China's imported tungsten products are mainly concentrated in tungsten concentrate, or among the main tungsten products, the only net imported product is tungsten concentrate.
China imported 2846 tons of tungsten concentrate in 2019, a sharp decrease of 57 per cent compared with 2018.
From January to May 2020, China imported 191 tons of tungsten concentrate, a sharp decrease of 84% compared with the same period last year. Of course, we can understand that it is affected by epidemic factors.
China generally imports tungsten concentrate from North Korea, Russia, Mongolia, Rwanda and other countries.
In 2019, 77% of China's total tungsten concentrate imports came from North Korea and 12% from Mongolia. In the first five months of this year, the proportion changed, with 52% from North Korea, 32% from Russia and 10% from Rwanda. The proportion of North Korea and Mongolia has declined, while that of Russia and Rwanda has increased."
https://news.metal.com/newscontent/101201642/hu-yan-tungsten-summit-smm-tungsten-price-savings-upward-in-july-kinetic-energy-is-expected-to-rise-in-the-second-half-of-the-year