Jiangxi Tungsten Industry: 5 Years of Production Decline 30% Industry Income Increases 6 Times

In order to protect precious rare metal resources, Jiangxi Province has proposed the development requirements of “mining 20% ​​in mining and quadrupling benefits”. In the process of mining order rectification and industrial restructuring, Jiangxi tungsten industry has developed a resource-saving and environment. The path of friendly industrial science development, since 2004, tungsten production has fallen by more than 30%, but the benefits have increased by more than 6 times.

Tungsten industry is a dominant industry in Jiangxi. Among the 1.35 million tons of reserves in the country, Jiangxi has 328,000 tons, ranking second in the country. Among them, the reserves of black tungsten resources rank first in the country. In recent years, the total amount of tungsten mining in Jiangxi Province has been controlled, and the goal of decreasing year by year and rapid economic development has been achieved.

The reporter learned from Jiangxi Tungsten Group that in 2004, Jiangxi tungsten concentrate production was 51,000 tons and sales revenue was 3.6 billion yuan. In 2008, the province's tungsten concentrate production fell to 38,000 tons, down 34.2%, tungsten. The industry achieved sales revenue of 23 billion yuan, an increase of more than six times.

At the same time, along with Jiangtung Group, Baili Precision Tool (Nanchang) Co., Ltd., Chongyi Zhangyuan Tungsten Industry Co., Ltd., Zhangzhou Zhongrui Technology Co., Ltd., Yaosheng Industry and Trade Development Co., Ltd., Nanchang Cemented Carbide Co., Ltd. Yulong Xintai Tungsten Industry Co., Ltd. and other batches of tungsten deep processing enterprises with investment of over 100 million yuan were put into production. The structure of Jiangxi tungsten industrial products changed from primary processed products to high-tech and high value-added products. At the end of 2008, the province produced tungsten hard alloys. With a capacity of 4,300 tons / year, experts predict that by 2010, Jiangxi's cemented carbide production capacity can reach 8,000 tons / year, will become the country's most important cemented carbide production base.

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