The world production was 54,600 metric tonnes in 2008 from total reserve of 3,000,000 metric tonnes. Quoted as tungsten content.
(Source: U.S. Geological Survey, Mineral Commodity Summaries, January 2009)
Is the price in terms of mtu tungsten content? According to the USGS, the average 2008 concentrate price based on the European Metal Bulletin figure was US$165 per mtu WO3. WO3 has 79% W content.
tungsten, page-4
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