Chongyi Zhangyuan Tungsten Co., Ltd. announced its quotations for long-term orders for the second half of January 2021, including:

1. Wolframite (WO3≥55%): RMB87,000/standard ton (USD13,258/standard ton);

2. Scheelite (WO3≥55%): RMB85,500/standard ton (USD13,029/standard ton);

3. Ammonium paratungstate (national standard, zero grade): RMB133,000/t (USD20,268/t).

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