Over the past few months, China has made a few key moves that will likely culminate in rising tungsten prices. The latest development involves China declaring tungsten a strategic metal, which means that the country will no longer offer any tax breaks, and instead will tax exports.
North America’s largest manganese mining company, Cia. Minera Autlan SAB, has reported larger than expected sales in the first quarter. The company’s share price has risen on the report and there is speculation that the company may issue a dividend this year despite last year’s revenue shortfall.
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