|
|
|
Tungsten Reserves Decline World Wide |
| Author : Date : 2014-6-5 0:02:52 |
Tungsten Reserves Decline World Wide
According to the United States Department of Interior Bureau of Mines “Mineral Commodity Summary”, the world wide reserve base of tungsten ore has declined 50%.This is evident by rising tungsten based materials
|
Country
|
Mine Production(000)
|
Ore Reserves(000)
|
|
2004
|
2012
|
2007
|
2012
|
|
USA
|
NA
|
NA
|
200
|
140
|
|
Austria
|
1,300
|
,1100
|
15
|
10
|
|
Bolivia
|
870
|
1100
|
100
|
53
|
|
Canada
|
2,600
|
2,000
|
490
|
120
|
|
China
|
7,7000
|
6,2000
|
4,200
|
1,900
|
|
North Korea
|
800
|
NA
|
NA
|
NA
|
|
Portugal
|
820
|
820
|
6.2
|
4.2
|
|
Russia
|
4,400
|
3,500
|
420
|
250
|
|
Other
|
2,400
|
3,000
|
740
|
760
|
|
Total
|
89,600
|
73,000
|
6,300
|
3,200
|
The tungsten ore output has declined 19% in 5 years. The demand and consumption remains at an all time high.How can demand continue high and output decline? The difference in the decline of ore output and the consumption increase has been filled by the recycling of tungsten. |
|
