Chongyi Zhangyuan Tungsten Co., Ltd. announced its quotations for long-term orders for the first half of October 2020, including:

1. Wolframite (WO3≥55%): RMB83,000/standard ton (USD12,360/standard ton);

2. Scheelite (WO3≥55%): RMB81,500/standard ton (USD12,136/standard ton);

3. Ammonium paratungstate (national standard, zero grade): RMB127,500/t (USD18,986/t).

Notes: All above prices should be paid in 13% Inc-VAT terms.