Zhangyuan Tungsten sees volume and price gains across major products
2026-04-21 16:24:28 [Print]
Chongyi Zhangyuan Tungsten Co., Ltd. posted strong 2025 results, with operating revenue rising 41.62% year-on-year to RMB5.20 billion (USD763 million). Output and sales volumes of major products like tungsten powders and cemented carbide both increased. During the reporting period, tight supply of tungsten raw materials, coupled with rising downstream demand, drove a sustained increase in tungsten product prices.
According to data from the China Tungsten Industry Association, the company ranked first nationwide in tungsten powder production and second in tungsten carbide powder output among major producers.
Full-year tungsten powder production reached 12,277 tonnes, up 13.37% YoY, with sales up 23.82% YoY to 4,928 tonnes. Tungsten carbide powder output rose 7.62% YoY to 7,742 tonnes, while sales increased 18.06% YoY to 5,812 tonnes. Cemented carbide output declined 3.49% YoY to 3,181 tonnes, but sales grew 19.67% YoY to 1,363 tonnes. The company's wholly-owed subsidiary Ganzhou Achteck Tool Technology Co., Ltd. sold 27.11 million indexable inserts and solid carbide cutting tools in 2025, up 22.12% YoY, alongside 893 tonnes of cemented carbide rods, up 16.12% YoY.
Mined production included 3,691 tonnes of tungsten concentrate (WO3≥65%), down slightly by 48 tonnes YoY; tin concentrate output (metal content) rose by 63 tonnes to 891 tonnes; and copper concentrate output (metal content) fell by 118 tonnes to 331 tonnes.
As of the end of 2025, Zhangyuan Tungsten held resource reserves of 74,100 tonnes of tungsten (WO3), 16,800 tonnes of tin, and 9,000 tonnes of copper.
According to data from the China Tungsten Industry Association, the company ranked first nationwide in tungsten powder production and second in tungsten carbide powder output among major producers.
Full-year tungsten powder production reached 12,277 tonnes, up 13.37% YoY, with sales up 23.82% YoY to 4,928 tonnes. Tungsten carbide powder output rose 7.62% YoY to 7,742 tonnes, while sales increased 18.06% YoY to 5,812 tonnes. Cemented carbide output declined 3.49% YoY to 3,181 tonnes, but sales grew 19.67% YoY to 1,363 tonnes. The company's wholly-owed subsidiary Ganzhou Achteck Tool Technology Co., Ltd. sold 27.11 million indexable inserts and solid carbide cutting tools in 2025, up 22.12% YoY, alongside 893 tonnes of cemented carbide rods, up 16.12% YoY.
Mined production included 3,691 tonnes of tungsten concentrate (WO3≥65%), down slightly by 48 tonnes YoY; tin concentrate output (metal content) rose by 63 tonnes to 891 tonnes; and copper concentrate output (metal content) fell by 118 tonnes to 331 tonnes.
As of the end of 2025, Zhangyuan Tungsten held resource reserves of 74,100 tonnes of tungsten (WO3), 16,800 tonnes of tin, and 9,000 tonnes of copper.
Tungsten Powder 99.95%min 2.5-7.0μm EXW China
Unit:RMB/kg
China tungsten carbide producers' output statistics by province by month
Unit: mt
