Geomechanics.io

  • Free Tools
Sign UpLog In

    Geomechanics.io

    Geomechanics, Streamlined.

    © 2026 Geomechanics.io. All rights reserved.

    Geomechanics.io

    CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

    Industries

    MiningConstructionTunnelling

    Company

    Terms of UsePrivacy PolicyLinkedIn
    Projects

    Chinese buyers drive US tungsten scrap bidding war: price signals for mine planners

    June 8, 2026|

    Reviewed by Tom Sullivan

    Chinese buyers drive US tungsten scrap bidding war: price signals for mine planners

    First reported on MINING.com

    30 Second Briefing

    Chinese traders are driving a bidding war for US tungsten scrap, with Argus Media data showing scrap prices up 350% since May 2025, outpacing a 200% rise in tungsten metal and pushing ammonium paratungstate to record highs in late April. Dealers report offers at up to five times normal market prices as Chinese buyers bypass domestic recyclers and route material via recycling hubs in the Philippines, Taiwan, Vietnam and South Korea to circumvent China’s scrap import ban. The scramble comes amid Chinese export controls on tungsten products and US plans for up to $1.6 billion support for a Kazakhstan tungsten mine to diversify supply.

    Technical Brief

    • China’s mined and refined tungsten output exceeds 50% of global production, yet is constrained by quotas.
    • US scrapyards report direct approaches from Chinese traders, bypassing established domestic recycling channels and contracts.
    • Some US dealers describe premiums at “up to five times” usual tungsten scrap market levels.
    • Environmental rules in China ban direct tungsten scrap imports, so processing is shifted to offshore recyclers.
    • Project Blue data show rising US tungsten scrap exports to hubs in the Philippines, Taiwan, Vietnam and South Korea.

    Our Take

    In our database of tungsten items, the only other large financing move this year is Almonty Industries’ US$700 million note issue, suggesting primary mine developers are positioning to capture the same tightness now visible in US tungsten scrap pricing.

    The mention of a US-backed US$1.6 billion support package for a Kazakhstan tungsten project signals that Washington is willing to underwrite non‑US supply chains, which could blunt China’s leverage over scrap but also lock US industry into long‑haul logistics for ammonium paratungstate and related products.

    With zinc and semi‑processed zinc concentrates also referenced alongside tungsten in this piece, the Castellanos project in Cuba sits in a basket of polymetallic assets that could become more strategic if scrap‑driven price spikes push manufacturers to secure long‑term concentrates rather than rely on secondary feed.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Meandu coal mine’s 21‑year extension: planning and slope stability notes for engineers
    Mining
    about 2 hours ago

    Meandu coal mine’s 21‑year extension: planning and slope stability notes for engineers

    Queensland has approved a 21‑year extension of Stanwell’s Meandu thermal coal mine, enabling access to about 200 million tonnes of additional coal reserves. The project secures ongoing supply to the adjacent Tarong and Tarong North coal‑fired power stations, which together generate roughly 20 per cent of Queensland’s electricity. For mine planners and geotechnical teams, the decision signals two more decades of pit development, overburden management and slope stability work in the South Burnett coalfield.

    QME 2026 in Mackay: key takeaways for mining contractors and OEM project teams
    Mining
    about 3 hours ago

    QME 2026 in Mackay: key takeaways for mining contractors and OEM project teams

    QME 2026 will return to the Mackay Showgrounds as Australia’s largest regional mining gathering, combining a full-scale equipment and technology exhibition with structured networking and deal-making. Organisers are positioning the event less as a static display of trucks, drills and processing kit and more as a hub for supplier–operator collaboration, with dedicated business development sessions and evening networking drinks. For contractors, OEMs and mine operators, the emphasis on in-person relationship building signals continued value in regional trade shows alongside remote procurement and digital vendor engagement.

    Victoria’s collaborative critical minerals push: land rehab lens for mine planners
    Mining
    about 3 hours ago

    Victoria’s collaborative critical minerals push: land rehab lens for mine planners

    Victoria has created a Mineral Sands Agricultural Land Restoration Working Group to bring together mineral sands operators, farmers, researchers and government agencies to advise on critical minerals development in farming regions. The group will focus on rehabilitation and soil restoration standards for projects such as VHM’s Goschen mineral sands development in north-west Victoria, one of Australia’s largest rare earth and zircon deposits. Outcomes are expected to influence mine planning, topsoil handling, backfilling strategies and post-mining land capability assessments across the state’s agricultural basins.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental