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

1. Wolframite (WO3≥55%): RMB82,000/standard ton (USD12,211/standard ton);

2. Scheelite (WO3≥55%): RMB80,500/standard ton (USD11,988/standard ton);

3. Ammonium paratungstate (national standard, zero grade): RMB126,000/t (USD18,763/t).

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