Key Points
- Zhangyuan Tungsten (Zhangyuan Wuye 章源钨业) adjusted its long-term tungsten procurement prices upward for the second half of August 2025.
- The company increased prices for 55% Black Tungsten Concentrate by 9.6%, 55% White Tungsten Concentrate by 9.7%, and Ammonium Paratungstate (APT) by 9.5%.
- Following the announcement, Zhangyuan Tungsten’s stock (002378.SZ) saw a +3.45% increase.
- The price hike also positively impacted other major players in the tungsten and minor metals industry, with stocks like Haotong Technology (浩通科技) and North Mining Technology (北矿科技) seeing significant gains.
- This signals strong demand and tight supply in the scarce resources and minor metals sector, impacting various industries from tech to military hardware.
A major Zhangyuan Tungsten price increase just sent a clear signal to the market, and if you’re an investor or founder in the tech or materials space, this is something you need to see.
On August 20, 2025, Chinese commodities giant Zhangyuan Tungsten (Zhangyuan Wuye 章源钨业) made a significant move.
They adjusted their long-term procurement prices upward for the second half of August.
Let’s break down what’s happening and why it matters.
The Price Hike Details: By the Numbers
Tungsten isn’t just any metal; it’s a critical component in everything from smartphones and EV batteries to industrial machinery and military hardware.
When a major supplier like Zhangyuan adjusts its prices, it creates ripples across dozens of industries.
Here are the updated long-term procurement quotes, which are all inclusive of a 13% Value Added Tax (VAT).
We’ve added the percentage increase to show you just how big this jump is:
- 55% Black Tungsten Concentrate:
Now priced at ¥211,000 RMB ($29,000 USD) per standard ton.
A 9.6% increase from ¥192,500 RMB ($26,450 USD) earlier in the month. - 55% White Tungsten Concentrate:
Now priced at ¥210,000 RMB ($28,860 USD) per standard ton.
A 9.7% increase from ¥191,500 RMB ($26,315 USD). - Ammonium Paratungstate (APT) (National Standard Grade Zero):
Now priced at ¥310,000 RMB ($42,600 USD) per ton.
A 9.5% increase from ¥283,000 RMB ($38,900 USD).
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Market Reacts: Zhangyuan Tungsten (002378.SZ) Stock Jumps
Investors responded to the news with strong optimism.
The company’s stock, trading under the ticker 002378.SZ, saw a healthy bump on the day of the announcement.
Here’s a snapshot of the financial context as of August 20, 2025:
- Latest Price: ¥10.49 RMB ($1.44 USD)
- Change: Increased by ¥0.35 RMB ($0.05 USD)
- Percentage Change: +3.45%
- Trading Volume: 876,000 lots
- Trading Value: ¥926 million RMB ($127.3 million USD)
- Turnover Rate: 7.33%
- Price-to-Earnings Ratio (P/E): 54.74
- Total Market Capitalization: ¥12.6 billion RMB ($1.73 billion USD)
A Rising Tide? Tungsten Sector Sees Widespread Gains
This wasn’t just a win for Zhangyuan Tungsten.
The positive sentiment spilled over to other key players in the tungsten and minor metals industry.
This indicates a broader market confidence in the value of these scarce resources.
Key Industry Stock Performance:
- Haotong Technology (Haotong Keji 浩通科技): ¥31.28 RMB ($4.30 USD), +10.73%
- North Mining Technology (Beikuang Keji 北矿科技): ¥28.02 RMB ($3.85 USD), +10.01%
- Oriental Zirconium (Dongfang Gaoye 东方锆业): ¥14.62 RMB ($2.01 USD), +10.01%
- Yunnan Germanium (Yunnan Zheyuan 云南锗业): ¥28.40 RMB ($3.90 USD), +9.99%
Relevant Sector Performance:
- Minor Metals Sector: +2.04%
- Minor Metals Concept Sector: +1.23%
- Scarce Resources Sector: +0.96%
- Jiangxi Plate Sector: +0.64%
Zooming out even further, the market sectors tied to these materials also saw a boost.
This shows a systemic trend, not just a few isolated company wins.
- Minor Metals Sector: +2.04%
- Minor Metals Concept Sector: +1.23%
- Scarce Resources Sector: +0.96%
- Jiangxi Plate Sector: +0.64%
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The Bottom Line For Investors And Founders
The takeaway here is clear.
A significant price hike from a market leader like Zhangyuan Tungsten is a bullish signal for the entire scarce resources and minor metals sector.
It reflects strong demand, tight supply, and strategic pricing power.
For anyone involved in manufacturing, electronics, or resource investing, this latest Zhangyuan Tungsten price increase is a critical data point to watch.
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