Profits, page-30

From a recent SMM article
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Commenting on the Supply Side

Currently, the main theme of the tungsten market remains "tightsupply at the mine end driving tungsten prices to continue rising."

Commenting on the Demand Side
Some photovoltaic companies have reported that dueto the relatively long lifespan and low cutting loss rate of photovoltaictungsten wire, its market share will continue to expand as silicon wafersbecome thinner. Currently, the usage rate of photovoltaic tungsten wire insome photovoltaic companies has reached 50-70%, indicating a strong demandpotential.

Clearly this recent surge in demand for solar panels and the benefits of using tungsten wire has caught the market by surprise