This was from UK broker SP Angel from their morning notes. Hopefully we can get some European investors interested in our stock.Tungsten – prices continue to rise as Europe rampsup machine tool and military equipment manufacturing
- Tungsten concentrates WO3 65%min EXW China are CNY138-139,000/t (~US$19,000/t).
- Tungsten 88.5%min EXW China CNY202-203,000/t (US$28/t).
- China represents around 80% of global tungsten production with most APT processing except for the HC Stark plant in Germany, Plansee in the US and Wolfram Bergbau (Mittersill) in Austria
- The charts below highlight the tight market for tungsten.
EQRResources (EQR AU) A$0.53, Mkt cap A$99m
- EQR acquired Saloro’ Barruecopardo mine in Spain last year. The mine was formerly owned by Ormonde Mining in the UK.
- Barruecopardo is the West’s most recent tungsten mine and currently produces around 1,680tpa and is backed by Oaktree Capital which holds some 16% of EQR.
*An SPAngel mining analyst formerly built and commissioned the Los Santos tungstenmine in Spain. SP Angel formerly acted for Ormonde Mining and visited theBarruecopardo mine.
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Mkt cap ! $86.74M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.2¢ | $85.36K | 1.981M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 34789 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 750000 | 1 |
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No. | Vol. | Price($) |
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1 | 34789 | 0.042 |
2 | 323170 | 0.041 |
4 | 245443 | 0.040 |
1 | 85710 | 0.035 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.048 | 750000 | 1 |
0.049 | 249998 | 1 |
0.050 | 611999 | 4 |
0.051 | 300000 | 1 |
0.065 | 287904 | 1 |
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