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NEWS BTO prices remain stable [5-16] European tungsten markets calm down again [5-16] Sodium tungstate market stable but quiet [5-15] APT prices remain stable in China [5-15] Tungsten bar market turn to quiet [5-14] Tungsten inquiries increase from overseas market [5-14] European tungsten APT price stable [5-14] Tungsten concentrate market stable but quiet [5-13] U.S. tungsten market unchanged [5-13] Tungsten carbide market weak [5-13] European tungsten market increase slightly [5-12] Tungsten market summary May 5-9 [5-12] European tungsten carbide market stable [5-9] Sodium tungstate market remains inactive [5-9] Tungsten electrode market thin [5-8]     REGIONAL PRICES 16 May Chinese tungsten concentrate market prices by region [5-16] 16 May Chinese APT export prices by region [5-16] 16 May Chinese APT market prices by region [5-16] 16 May Chinese tungsten carbide powder & tungsten powder marke [5-16] 16 May Chinese tungsten bar market prices by region [5-16] 16 May Chinese tungsten electrode market prices by region [5-16] 16 May Chinese tungsten rod market prices by region [5-16] 16 May Chinese sodium tungstate market prices by reg [5-16] 14 May Chinese tungsten concentrate market prices by region [5-14] 14 May Chinese APT export prices by region [5-14] 14 May Chinese APT market prices by region [5-14] 14 May Chinese tungsten carbide powder & tungsten powder marke [5-14] 14 May Chinese tungsten bar market prices by region [5-14] 14 May Chinese tungsten electrode market prices by region [5-14] 14 May Chinese tungsten rod market prices by region [5-14]     STATS Tungsten Powders by country Imp Mar 2008 Japan [5-4] Tungsten Powders by country Exp Mar 2008 Japan [5-4] Unwrought Tungsten by country Imp Mar 2008 Japan [5-4] Tungsten Waste&Scrap by country Imp Mar 2008 Japan [5-4] Tungsten Wire by country Imp Mar 2008 Japan [5-4] Tungsten Wire by country Exp Mar 2008 Japan [5-4] Tungsten Bars&Rods&Sheets&Strip&Foil by country Exp Mar 2008 C [4-25] Tungsten Wires by country Exp Mar 2008 China [4-25] Tungsten Powders by country Exp Mar 2008 China [4-25] Tungsten Carbide by country Exp Mar 2008 China [4-25] APT by country Exp Mar 2008 China [4-25] Tungsten Oxide by country Exp Mar 2008 China [4-25] Tungsten Waste and Scrap by country Imp Mar 2008 China [4-25] Tungsten Wire by country Imp Mar 2008 China [4-25] Tungsten Powder by country Imp Mar 2008 China [4-25]     Suppliers Jiangxi Wide Honest Trading Co., Ltd [3-26] Sichuan Western Minmetals Co [3-25] Zhuzhou Cemented Carbide Works Import & Export Company [7-3] Solartech [5-16] Sungate [5-15] JH Internatinal Co.,Ltd [5-15] Coffey Mining [5-15] K&E Metal Int.Import and Export Co. [5-12] Integrity Eternal [5-12] Nams Hands [5-11] fukangxiye [5-11] Seal Chemical Industries Inc. [5-9] xihuashanwukuang [5-9] USCOMEX [5-8] East Star Technology Co.,Ltd [5-8]

Price curve for past 30 days Tungsten APT 88.5%min FOB China USD/mtu Price curve for past 12 months Tungsten APT 88.5%min FOB China USD/mtu

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