A number of initiatives in Ganzhou support the development of the tungsten industry

At present, the domestic tungsten market is facing severe challenges of weakening demand and lower prices. Cangzhou City actively takes countermeasures to stabilize the tungsten market, seeks advantages and avoids harm, and turns “risk” into “machine” to maintain the steady and rapid development of the tungsten industry.
Since the second half of last year, due to the continuous spread of the global financial crisis, China's tungsten industry is facing severe challenges such as weaker market demand, lower export volume, lower prices, and lower efficiency. The tungsten industry in Quzhou City said that in response to the situation of the tungsten market, which is not optimistic, it should fully strengthen its confidence and rationally face the current market environment. Recently, the municipal government has taken various measures to strengthen policy support, implement the company's burden-reduction policy, and require all tungsten and rare earth mines in the city to suspend mining, stabilize market prices, and absorb excess stocks in the digestive market, stabilize prices and stabilize prices, and cultivate healthy markets. To achieve the phenomenon that the mines stop production and stop selling below the cost price, and to curb the disorderly competition and low-cost dumping, the municipal government has proposed nine measures to support industrial development, and organized experts to concentrate on the 2009 mining plan and quota bidding for the city's tungsten mines. The review ensures that the tungsten production plan does not exceed the total control indicators and meets the city's mineral resource master plan and tungsten resource integration requirements.

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