Chongyi Zhangyuan Tungsten Co., Ltd. achieved a steady growth in mined production of tungsten and tin in 2023, with the annual output of tungsten concentrate (65% WO3) reaching 4,154 tonnes, up by 5.64% YoY, and that of tin in concentrate reaching 882 tonnes, up by 6.23% YoY, according to the company's annual report.

The company also reported a further rise in annual product sales, which includes 4,175 tonnes of tungsten powder, up by 3.31% YoY, 4,913 tonnes of tungsten carbide powder, up by 2.28% YoY, 442 tonnes of thermal spraying powder, up by 18.50% YoY, 1,104 tonnes of cemented carbide, up by 10.28% YoY, 20.41 million pieces of cemented carbide blade (produced by ACHTECK), and 688.82 tonnes of cemented carbide rod (produced by ACHTECK), up by 6.71% YoY.