November 12, 2011 - 'Tumi Resources News - China Cuts Tungsten Export Quotas'
November 12, 2011
TUMI RESOURCES LTD.
TSXv - TM; Frankfurt -TUY (WKN 251 738); Pinksheets - TUMIF
CHINA CUTS TUNGSTEN EXPORT QUOTAS
Shanghai/Hong Kong (Reuters) - October 31, 2011
China will cut export quotas for tin, tungsten, antimony and molybdenum in 2012 from this year, a statement by the Ministry of Commerce showed on Monday.
Annual export limits for tin would be 18,000 tonnes, down from this year's 18,900 tonnes.
The quota for tungsten was set at 15,400 tonnes next year versus 15,700 tonnes this year.
Antimony was set at 59,400 tonnes, molybdenum at 25,000 tonnes, indium at 231 tonnes and silver at 5,387 tonnes for 2012.
China is the world's top producer of tin, tungsten, antimony and molybdenum.”
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Dear Friends:
Tumi Resources with its five (5) 100% owned Tungsten projects in Sweden, four (4) of which with historic Tungsten resources or old mines, is well positioned to take serious advantage of the very interesting developments in the Tungsten strategic metal space.
As always - - - Stay Tuned, there is lots of excitement just over the horizon for Tumi!!
Regards from Vancouver,
Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"
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For more Tumi information contact: Donna Werbes
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Nick L. Nicolaas |
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