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Major catalyst for the WFEMF share price:
1. Finalize the strategic agreement & joint venture partnership with Warren Buffett's company IMC which is a subsidiary of Berkshire Hathaway.
http://seekingalpha.com/instablog/1066208-tim-travis/759521-woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july-bloomberg
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
http://www.moneyweek.com/investments/commodities/industrial-metals/warren-buffett-investing-in-tungsten-22500
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
http://www.bloomberg.com/news/2012-06-19/woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july.html
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
Major catalyst for the WFEMF share price:
1. Finalize the strategic agreement & joint venture partnership with Warren Buffett's company IMC which is a subsidiary of Berkshire Hathaway.
http://seekingalpha.com/instablog/1066208-tim-travis/759521-woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july-bloomberg
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
http://www.moneyweek.com/investments/commodities/industrial-metals/warren-buffett-investing-in-tungsten-22500
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
http://www.bloomberg.com/news/2012-06-19/woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july.html
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Best Long Term Investment Gold or Tungsten? Must Read!
I think this recent news article on Ned Goodman provides some very interesting clues on the future of Woulfe Mining's Sangdong tungsten project and the Muguk gold mine.
http://business.financialpost.com/2013/08/08/ned-goodman-ditches-bank-stocks-for-gold/
First Woulfe Mining owns 100% rights to the Muguk gold mine which is the largest in South Korea. Ned Goodman is a loyal gold bug and it's his metal of choice to invest in but he also claims to be a "Warren Buffett Freak" and Buffett's metal of choice is Tungsten. Buffett's Berkshire Hathaway recently bought out the remaining 20% stake of IMC and now own 100% of IMC which is the largest high-grade tungsten tool making company in the world.
Woulfe Mining has the best of both worlds. The company has a major tungsten project and a former producing gold mine. Plus South Korea is an upcoming technologically advanced country with relatively cheap labor costs. South Korea is like another upcoming Japan.
In my honest opinion WFEMF is a screaming buy at .10 cents price per share.
http://tungsteninvestingnews.com/42-woulfe-mining-exploration-and-development-of-world-class-mines-in-south-korea.html
Note: The crusher at the processing plant is designed for 2.4 million tpa and the initial milling capacity will be 1.2 million tpa, but can be readily expanded to 2.4 million tpa.
http://www.metal-pages.com/metalprices/tungsten/
Based on my calculations the Woulfe Mining tungsten project could possibly generate $500+ million dollars per year in revenues for 40+ years if tungsten prices continue to rise. Plus this estimate does not even include their gold mine or other mining projects. WFEMF has incredible potential and is currently only trading at a price of around .10 cents per share.
WFEMF ~ Best Long Term Investment Gold or Tungsten? Must Read!
I think this recent news article on Ned Goodman provides some very interesting clues on the future of Woulfe Mining's Sangdong tungsten project and the Muguk gold mine.
http://business.financialpost.com/2013/08/08/ned-goodman-ditches-bank-stocks-for-gold/
First Woulfe Mining owns 100% rights to the Muguk gold mine which is the largest in South Korea. Ned Goodman is a loyal gold bug and it's his metal of choice to invest in but he also claims to be a "Warren Buffett Freak" and Buffett's metal of choice is Tungsten. Buffett's Berkshire Hathaway recently bought out the remaining 20% stake of IMC and now own 100% of IMC which is the largest high-grade tungsten tool making company in the world.
Woulfe Mining has the best of both worlds. The company has a tungsten project and a former producing gold mine. Plus South Korea is an upcoming technologically advanced country with relatively cheap labor costs. South Korea is like another upcoming Japan.
In my honest opinion WFEMF is a screaming buy at .10 cents a share.
http://tungsteninvestingnews.com/42-woulfe-mining-exploration-and-development-of-world-class-mines-in-south-korea.html
Note: The crusher at the processing plant is designed for 2.4 million tpa and the initial milling capacity will be 1.2 million tpa, but can be readily expanded to 2.4 million tpa.
http://www.metal-pages.com/metalprices/tungsten/
Based on my calculations the Woulfe Mining tungsten project could possibly generate $500+ million dollars per year in revenues for 40+ years if tungsten prices continue to rise. Plus this estimate does not even include their gold mine or other mining projects. WFEMF has incredible potential and is currently only trading at around .10 cents per share.
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ If legendary investor Warren Buffett thinks Woulfe Mining is worth investing in. Then I think that says a lot about the company's future prospects.
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-(WOF)-WOF-22104/
WFEMF ~ If legendary investor Warren Buffett thinks Woulfe Mining is worth investing in. Then I think that says a lot about the company's future prospects.
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-(WOF)-WOF-22104/
WFEMF ~ Warren Buffett makes first investment in S. Korean mines
http://news.mk.co.kr/newsReadPrint.php?year=2012&no=133368
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Warren Buffett makes first investment in S. Korean mines
http://news.mk.co.kr/newsReadPrint.php?year=2012&no=133368
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Berkshire Hathaway Investment
(miningweekly.com) – "He may not like gold much, but billionaire Warren Buffet has taken a shining to tungsten – the metal with the highest melting point.
http://www.miningweekly.com/article/korean-tungsten-project-gets-berkshire-hathaway-investment-2012-02-29
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Berkshire Hathaway Investment
(miningweekly.com) – "He may not like gold much, but billionaire Warren Buffet has taken a shining to tungsten – the metal with the highest melting point.
http://www.miningweekly.com/article/korean-tungsten-project-gets-berkshire-hathaway-investment-2012-02-29
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Tungsten: Metal that's quietly running the world
http://www.stockhouse.com/opinion/independent-reports/2012/06/25/tungsten-metal-that-s-quietly-running-the-world
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Tungsten: Metal that's quietly running the world
http://www.stockhouse.com/opinion/independent-reports/2012/06/25/tungsten-metal-that-s-quietly-running-the-world
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
Why Big Money is Attracted to Tungsten
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
Why Big Money is Attracted to Tungsten
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Big Money is Attracted to Tungsten
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Big Money is Attracted to Tungsten
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
Major catalyst for the WFEMF share price:
1. Finalize the strategic agreement & joint venture partnership with Warren Buffett's company IMC which is a subsidiary of Berkshire Hathaway.
http://seekingalpha.com/instablog/1066208-tim-travis/759521-woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july-bloomberg
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
http://www.moneyweek.com/investments/commodities/industrial-metals/warren-buffett-investing-in-tungsten-22500
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
http://www.bloomberg.com/news/2012-06-19/woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july.html
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
Major catalyst for the WFEMF share price:
1. Finalize the strategic agreement & joint venture partnership with Warren Buffett's company IMC which is a subsidiary of Berkshire Hathaway.
http://seekingalpha.com/instablog/1066208-tim-travis/759521-woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july-bloomberg
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
http://www.moneyweek.com/investments/commodities/industrial-metals/warren-buffett-investing-in-tungsten-22500
http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/
http://www.bloomberg.com/news/2012-06-19/woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july.html
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Berkshire Hathaway Investment
(miningweekly.com) – "He may not like gold much, but billionaire Warren Buffet has taken a shining to tungsten – the metal with the highest melting point.
http://www.miningweekly.com/article/korean-tungsten-project-gets-berkshire-hathaway-investment-2012-02-29
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Berkshire Hathaway Investment
(miningweekly.com) – "He may not like gold much, but billionaire Warren Buffet has taken a shining to tungsten – the metal with the highest melting point.
http://www.miningweekly.com/article/korean-tungsten-project-gets-berkshire-hathaway-investment-2012-02-29
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ As John Templeton said, "Buy at Maximum Pessimism"
Woulfe Mining is under siege today and maximum pessimism is being delivered in the midst of a long term secular bear market on the Canadian TSX Venture Exchange…
Prices have been created by false and manufactured pessimism… and we can expect unbelievable opportunity for significant gains. The overall market for tungsten is still in a bull market but the current situation is acting like a bear market. As John Templeton said, "Buy at maximum pessimism."
http://www.metal-pages.com/metalprices/tungsten/
Indeed we are at an important crossroads. In my honest opinion WFEMF & tungsten prices are gearing up for a, “seismic move upwards,” during the next few years.
WFEMF ~ As John Templeton said, "Buy at Maximum Pessimism"
Woulfe Mining is under siege today and maximum pessimism is being delivered in the midst of a long term secular bear market on the Canadian TSX Venture Exchange…
Prices have been created by false and manufactured pessimism… and we can expect unbelievable opportunity for significant gains. The overall market for tungsten is still in a bull market but the current situation is acting like a bear market. As John Templeton said, "Buy at maximum pessimism."
http://www.metal-pages.com/metalprices/tungsten/
Indeed we are at an important crossroads. In my honest opinion WFEMF & tungsten prices are gearing up for a, “seismic move upwards,” during the next few years.
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Warren Buffett is Loading Up on Tungsten
http://www.resourceinvestor.com/2012/06/12/why-warren-buffett-is-loading-up-on-tungsten
High-tech industries are driving demand even higher.
Tungsten is vital to the manufacturing of electrodes used in solar panels and nuclear equipment. More importantly, it's a vital component in the touch screens of smart phones and tablet devices now exploding in popularity around the world.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Warren Buffett makes first investment in S. Korean mines
http://news.mk.co.kr/newsReadPrint.php?year=2012&no=133368
WFEMF ~ Warren Buffett makes first investment in S. Korean mines
http://news.mk.co.kr/newsReadPrint.php?year=2012&no=133368
WFEMF ~ Why Big Money is Attracted to Tungsten
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
WFEMF ~ Why Big Money is Attracted to Tungsten
http://tungsteninvestingnews.com/2226-why-big-money-is-attracted-to-tungsten.html
Tungsten is a metal that is critical to modern life, but until now it has largely remained below the investment radar. However, when a legendary investor such as Warren Buffet- or at least a firm in which he has major stakes- invests in a tungsten project, the metal is bound to become a subject of growing interest.
Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/
Housing Reform Bill to Eliminate Fannie Mae
“I don’t know anybody who wants to defend Fannie and Freddie,” Hensarling told Peter Cook in an interview to be broadcast Sunday on Bloomberg Government’s “Capitol Gains.” “I don’t know anybody who wants more taxpayer bailouts. I don’t know anybody who wants to support government policies that are going to put people into homes they can’t afford to keep.”
http://www.bloomberg.com/news/2013-07-19/hensarling-predicts-committee-passage-of-housing-reform-bill.html?cmpid=yhoo
WFEMF ~ My Commodity of Choice to Invest in is TUNGSTEN
Based on these parameters, tungsten had increasingly emerged as a critical metal, most notably as a result of its limited supply.
Smith noted that China, which produced the majority of the world’s tungsten supply, also accounted for more than half of world demand and was its fastest-growing consumer, which had driven the State to take certain measures to ensure that its own domestic needs were met.
“This has placed an unprecedented threat on the tungsten sector outside of China, which presents enormous opportunities for the development of tungsten ores, concentrates and intermediary products outside of China,” she said.
Moreover, in recent years, demand had outpaced supply, necessitating the sale of stockpiles held by the governments of China, Russia and the US.
According to the US Geological Survey, from 2000 until 2011, the US stockpile fell from around 35 500 t to 7 500 t.
“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15 000 t,” cautioned Smith.
In addition, tungsten prices were expected to rise in tandem with increased Chinese input costs, such as labour, as well as rising taxes and high inflation.
http://www.miningweekly.com/article/tungsten-tantalum-rare-earths-emerging-as-critical-global-metals-2013-07-03
WFEMF ~ My Commodity of Choice to Invest in is TUNGSTEN
Based on these parameters, tungsten had increasingly emerged as a critical metal, most notably as a result of its limited supply.
Smith noted that China, which produced the majority of the world’s tungsten supply, also accounted for more than half of world demand and was its fastest-growing consumer, which had driven the State to take certain measures to ensure that its own domestic needs were met.
“This has placed an unprecedented threat on the tungsten sector outside of China, which presents enormous opportunities for the development of tungsten ores, concentrates and intermediary products outside of China,” she said.
Moreover, in recent years, demand had outpaced supply, necessitating the sale of stockpiles held by the governments of China, Russia and the US.
According to the US Geological Survey, from 2000 until 2011, the US stockpile fell from around 35 500 t to 7 500 t.
“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15 000 t,” cautioned Smith.
In addition, tungsten prices were expected to rise in tandem with increased Chinese input costs, such as labour, as well as rising taxes and high inflation.
http://www.miningweekly.com/article/tungsten-tantalum-rare-earths-emerging-as-critical-global-metals-2013-07-03
WFEMF ~ Estimated Deficit in Primary Tungsten Market
Based on these parameters, tungsten had increasingly emerged as a critical metal, most notably as a result of its limited supply.
Smith noted that China, which produced the majority of the world’s tungsten supply, also accounted for more than half of world demand and was its fastest-growing consumer, which had driven the State to take certain measures to ensure that its own domestic needs were met.
“This has placed an unprecedented threat on the tungsten sector outside of China, which presents enormous opportunities for the development of tungsten ores, concentrates and intermediary products outside of China,” she said.
Moreover, in recent years, demand had outpaced supply, necessitating the sale of stockpiles held by the governments of China, Russia and the US.
According to the US Geological Survey, from 2000 until 2011, the US stockpile fell from around 35,500 t to 7,500 t.
“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15,000 t,” cautioned Smith.
In addition, tungsten prices were expected to rise in tandem with increased Chinese input costs, such as labour, as well as rising taxes and high inflation.
http://www.miningweekly.com/article/tungsten-tantalum-rare-earths-emerging-as-critical-global-metals-2013-07-03
WFEMF ~ Estimated Deficit in Primary Tungsten Market
Based on these parameters, tungsten had increasingly emerged as a critical metal, most notably as a result of its limited supply.
Smith noted that China, which produced the majority of the world’s tungsten supply, also accounted for more than half of world demand and was its fastest-growing consumer, which had driven the State to take certain measures to ensure that its own domestic needs were met.
“This has placed an unprecedented threat on the tungsten sector outside of China, which presents enormous opportunities for the development of tungsten ores, concentrates and intermediary products outside of China,” she said.
Moreover, in recent years, demand had outpaced supply, necessitating the sale of stockpiles held by the governments of China, Russia and the US.
According to the US Geological Survey, from 2000 until 2011, the US stockpile fell from around 35,500 t to 7,500 t.
“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15,000 t,” cautioned Smith.
In addition, tungsten prices were expected to rise in tandem with increased Chinese input costs, such as labour, as well as rising taxes and high inflation.
http://www.miningweekly.com/article/tungsten-tantalum-rare-earths-emerging-as-critical-global-metals-2013-07-03
Estimated Deficit in Primary Tungsten Market
Based on these parameters, tungsten had increasingly emerged as a critical metal, most notably as a result of its limited supply.
Smith noted that China, which produced the majority of the world’s tungsten supply, also accounted for more than half of world demand and was its fastest-growing consumer, which had driven the State to take certain measures to ensure that its own domestic needs were met.
“This has placed an unprecedented threat on the tungsten sector outside of China, which presents enormous opportunities for the development of tungsten ores, concentrates and intermediary products outside of China,” she said.
Moreover, in recent years, demand had outpaced supply, necessitating the sale of stockpiles held by the governments of China, Russia and the US.
According to the US Geological Survey, from 2000 until 2011, the US stockpile fell from around 35,500 t to 7,500 t.
“Based on China’s decision to limit exports to the rest of the world, we estimate that the primary tungsten market is in deficit and, this year, we expect the deficit to be in the order of 15,000 t,” cautioned Smith.
In addition, tungsten prices were expected to rise in tandem with increased Chinese input costs, such as labour, as well as rising taxes and high inflation.
http://www.miningweekly.com/article/tungsten-tantalum-rare-earths-emerging-as-critical-global-metals-2013-07-03