Ganzhou Economic and Technological Development Zone boasts an annual production capacity of 1,200t of cemented carbide
2018-02-01 17:16:35 [Print]
Tungsten and rare earth companies in Ganzhou Economical and Technological Development Zone have reached consensus that a company can make more profits by extending its industrial chain and enhancing its technological innovation capacity.
In order to facilitate industrial transition and upgrading of local tungsten and rare earth industry, Administrative Commission ("the Commission") of the zone keeps enhancing its incentives and supports to local enterprises in fields of staff employment, technological innovation and reform. At the same time, the Commission tried hard to absorb and construct large tungsten and rare earth projects in the zone and to further improve its public service to local enterprises.
By now, the zone has formed an annual production capacity of 1,200t of cemented carbide and 10,000t of rare earth magnetic materials, and local tungsten and rare earth companies were estimated to realize an annual main-business revenue of RMB20.57 billion and an annual tax of RMB2. 01 billion in 2017.
In order to facilitate industrial transition and upgrading of local tungsten and rare earth industry, Administrative Commission ("the Commission") of the zone keeps enhancing its incentives and supports to local enterprises in fields of staff employment, technological innovation and reform. At the same time, the Commission tried hard to absorb and construct large tungsten and rare earth projects in the zone and to further improve its public service to local enterprises.
By now, the zone has formed an annual production capacity of 1,200t of cemented carbide and 10,000t of rare earth magnetic materials, and local tungsten and rare earth companies were estimated to realize an annual main-business revenue of RMB20.57 billion and an annual tax of RMB2. 01 billion in 2017.
Tungsten APT 88.5%min EXW China
Unit:RMB/mt
China tungsten concentrate producers' inventory statistics by province by month
Unit: mt
