The three parties will benefit

The rise in northern Jiangxi Tungsten wire Industry, Xiamen Tungsten, CMN, Liu Ping is typical beneficiaries, CMN and Liu Dian Ping Wu Tong common control with big tungsten and tungsten mine incense, Xiamen Tungsten will get raw support and take in Jiujiang cast a huge amount of money to complete the tungsten industry chain layout
Xiamen Rainbow holds a 30% equity interest in Jiangxi Giant. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Xiamen, Fujian Metallurgical Rainbow actual control (holding) company is also a controlling shareholder of Xiamen Tungsten, namely Xiamen Rainbow and Xiamen Tungsten is a sister unit. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. In addition, the same height Xiamen Tungsten Chairman Liu Hong, chairman of Xiamen three, also chairman of Jiangxi Giant. Copper Lead Zinc Tin CNMN.COM.CN nickel,
It is reported that large HUTANG tungsten priority will be in the same price sold to Xiamen Tungsten. Copper Lead Zinc Tin CNMN.COM.CN nickel,
Xiamen Tungsten Jiujiang Mandela has tungsten ore. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. March 2013, Xiamen Tungsten Rainbow acquired from Xiamen Tungsten duchang Jinding 60% stake in the company. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. The company controls the Yang Chu tungsten mine resources of 96,000 tons, has been building formed a 1.485 million tons / year of mining capacity and production at the end of March this year, the mine is put into production with an annual output of 2,500 tons of tungsten concentrates. Copper Lead small metal, scrap metal.
A tungsten industry veteran told reporters, Xiamen, Fujian Rainbow equivalent metallurgical (Holdings) Company under a capital operation platform, past Xiamen Rainbow's assets and duchang Jinding tungsten tungsten and molybdenum companies are sold to Xiamen Tungsten, or does not rule out future similar operations. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal.
Backed by many large tungsten mine in northern Jiangxi backdrop, in April 2011, Xiamen Tungsten and CMN, Xiamen Rainbow and Jiujiang city, Xiushui county government signed a "carbide project cooperation agreement." Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Xiamen Tungsten established a joint venture with CMN Jiujiang Golden Egret Carbide Co., which invested 280 million yuan Xiamen Tungsten, accounting for 70% of the shares. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Jiujiang Carbide project a construction scale of 3,000 tons of tungsten powder, 2,000 tons carbide. Copper Lead Zinc Tin CNMN.COM.CN nickel, small metal, scrap metal.
Wu Jing powder production by 1.4 tons of tungsten powder 1 t count, one needs 4200 tons Wu Jing powder. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Du Chang Yang Chu tungsten mine to add some outsourced basic raw materials to meet its needs. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal.
Thus, the formation of Fujian Xiamen Tungsten Tungsten Plate Part ninghua OK Luo tungsten upstream and downstream industry chain, Henan Yulu Mining and downstream industry chain and downstream industry chain in Jiujiang, Jiangxi. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Among them, rather be OK Luo pit tungsten mine has reserves of 295,000 tons of tungsten (tungsten ore in the country has proven ranked third), so far mine daily processing capacity has reached 825,000 tons / year. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network, a small metal, scrap metal. Yulu Mining by the Xiamen Tungsten Molybdenum Group established a joint venture with Luoyang, Luoyang Molybdenum Molybdenum is responsible for handling tailings after. Copper Lead Zinc Tin CNMN.COM.CN nickel, China Nonferrous network small metal, scrap metal.