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West is difficult to get rid of dependence on China's tungsten resources

West is difficult to get rid of dependence on China's tungsten resources
West is difficult to get rid of dependence on China's tungsten resources
West is difficult to get rid of dependence on China's tungsten resources

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Company:Shandong Huaye Tungsten Molybdenum Co., Ltd.
Information Name: West is difficult to get rid of dependence on China's tungsten resources
Update Time:2015-04-29
Validity:99999
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According to the US Geological Survey (USGS), provided that China is the world's largest tungsten ore storage resources and producing countries, with estimated reserves of 1.9 million tons, the share of the world's total reserves of up to 66%. Western dependence on China tungsten ore resources is very strong. But China announced in 2011 to reduce exports of rare earth resources, including tungsten ore resources, because of a substantial increase in domestic demand for rare earth industry, resulting in rare-earth prices skyrocketing, the EU, Japan, the United States proposed lawsuit. America, Europe and other countries committed to high-tech products for the raw materials necessary to realize their exploitation, but did not make significant progress. Although the WTO has ruled in March 2014 against China, but the decision has little effect. Western dependence on Chinese rare earth resources, can not be weakened. Currently, about 90% of rare earth resources from China. Domestic enterprises need to rely on our resources, with the support of national policies, the introduction of advanced equipment, investments in technology, changes in the structure of export products, the expansion of export products, reduce export resources. Great way to take a good solid revival of the Chinese nation. 
Contact Detail
Company Name: Shandong Huaye Tungsten Molybdenum Co., Ltd.
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Contact Person: Mr. Liu()
Telephone Number: 0534-2359169
Company Address: Lingxian Economic Development Zone on the 8th Street Wu Yu, , Shandong Province, China
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