Capacity: 8000 tons/year (Hubei Jingmen)
Downstream application scenarios: Used as raw materials for the manufacture of other tungsten compounds (such as ammonium metatungstate, tungsten oxide, tungsten carbide, etc.) and metal tungsten. Among them, ammonium metatungstate can be used as a chemical catalyst; Tungsten oxide is used as a raw material for the manufacture of metal tungsten, and can also be used as a colorant and analytical reagent for ceramics; Tungsten carbide is mainly used in the preparation of cemented carbide; Metal tungsten can be used as a raw material for the preparation of tungsten wire, tungsten material, tungsten steel, etc.
Capacity: 3000 tons / year (Hubei Jingmen)
Downstream application scenarios:mainly used for the preparation of cemented carbide, specifically can be applied to machinery manufacturing, mining and excavation, iron and steel industry, national defense and military industry, oil drilling, electronic information and other fields.
Capacity: 5000 tons / year (Hubei Jingmen)
Downstream application scenarios: mainly used for the preparation of cemented carbide, specifically can be applied to machinery manufacturing, mining and excavation, iron and steel industry, national defense and military industry, oil drilling, electronic information and other fields.
Capacity: 5000 tons / year (Hubei Jingmen)
Downstream application scenarios: Tungsten powder can be used as raw materials for the manufacture of tungsten filament, tungsten, tungsten steel, motor shocks, electronic devices, etc., and is specifically used in lighting, construction, transportation, machinery, electronics and other fields.
Figure 1. Hubei green tungsten products and production capacity layout
Figure 2. Base renderings
Figure 3. Application scenarios of tungsten-containing products
Capacity: OKE (CNC blade 70 million pieces / year, cemented carbide products 2200 tons / year), Zhejiang Dewei (1500 tons / year)
Downstream application scenarios: Mainly used for the preparation of high-performance cemented carbide and CNC tools, specifically carbide round rods, geological cemented carbide, wear-resistant parts, wood/masonry cemented carbide, etc. Can be applied to machinery manufacturing, mining and excavation and other fields.
The company has established a full range of tungsten resources of "Wasted tungsten raw materials - APT - tungsten powder - tungsten carbide and other tungsten powder products - high-end cemented carbide" Life cycle industrial chain, with a sound waste tungsten recycling technology system and process route. The annual recovery of tungsten metal is nearly 4,000 tons, accounting for more than 30% of the industry's recovery, more than 5% of China's raw tungsten mining. It’s the leading enterprise in waste tungsten recycling and high-end remanufacturing of tungsten products in China.
The company has APT, recycled tungsten carbide, tungsten carbide, tungsten powder and other recycled tungsten powder products. The manufacturing of high-performance tungsten carbide products cover coarse, medium, fine and ultra-fine series, providing high-quality raw materials for the manufacture of high-end cemented carbide; Recycled tungsten powder and APT have passed SCS certification and entered the international green supply chain system for the manufacture of smart phones and its motor oscillators. Actively practicing the ESG concept promotes the deep integration of tungsten resource supply chain, industrial chain, innovation chain and value chain, and creates a new development of sustainable utilization of tungsten resources in the “Carbon Peaking and Carbon Neutrality”era.
In the future, the company will focus on the release of ultra-fine and ultra-coarse tungsten carbide production capacity, seize the high-end tungsten carbide market, and improve the utilization rate of tungsten resources. Cooperate with downstream cemented carbide product customers to lay out the far-reaching layout of "Wasted tungsten raw materials - APT - tungsten powder -tungsten carbide and other tungsten powder products - high-end cemented carbide" of the directional cycle industry chain, to enhance the "green tungsten" cycle and application pattern.
TChina Tungsten High-tech, ZCC-CT, Zhuzhou Cemented Carbide Group,, Foxconn, Xiamen Tungsten, Heijingang, CBcarbide, OKE, Shareate and other mainstream customers.
Figure 4. Company product customers
Product categories |
Sales (10,000 rmb) |
||
In 2019 |
In 2020 |
In 2021 |
|
Recycled tungsten carbide |
20122.43 |
15923.89 |
17529.37 |
Ammonium paratungstate |
3350.66 |
9251.37 |
10429.63 |
Tungsten carbide |
37000.36 |
31012.15 |
32041.25 |
Tungsten powder |
— |
4396.54 |
10940.09 |
Cemented carbide |
26600 |
26300 |
31200 |
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