Jiangxi Tungsten halts some concentrate mining due to severe flood

Some of Jiangxi Tungsten Holding Group’s tungsten mines have had to cut production due to floods caused by heavy rain since the start of June in Jiangxi province, with some market sources expecting this to cap the downtrend in tungsten concentrate prices.

The affected mines are believed to include Dajishan mine, Piaotang mine, Hukeng mine, Huameiao mine and Xiaolong mine. Jiangxi Tungsten Holding Group is one of the largest tungsten producers in China. A company source told Fastmarkets the five mines produce around 400-600 tonnes per month of 65% WO3 tungsten concentrate in total.

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Huaqing Fu

June 25, 2019

12:30 GMT