H.C. Starck and Jiangxi Rare Earth & Rare Metals Tungsten Group Holding expand tungsten business in China

August 15, 2012

H.C. Starck and Jiangxi Rare Metals Tungsten Group Holding Co. Ltd. (JXTC), one of China’s largest tungsten mine operators, have celebrated the groundbreaking ceremony for their tungsten joint venture in Ganzhou City, Jiangxi Province, China. Scheduled to start operations in late 2013, the new plant will produce tungsten metal powders and carbides exclusively for the Chinese market.

hc_starck_china

Along with representatives of the two joint venture

partners, more than 500 guests from politics and

business attended the groundbreaking ceremony

“This joint venture is our largest project to date in China and the core of our growth strategy in Asia. I am pleased that we could win an experienced and reliable partner like JXTC for this project,” stated Andreas Meier, President and CEO of the H.C. Starck Group. “We will primarily supply the products of our joint venture to the hard metal manufacturers for the automotive and engineering industries as well as to suppliers for the mining and energy industry in China,” he added. “Demand for higher quality tungsten products continues to increase in China. With our joint venture, we will be able to serve this market over the long term.”

“This alliance between two giants of the tungsten industry is another successful strategic cooperation integrating into world economy,” stated Zhong Xiaoyun, President and CEO of JXTC. “This cooperation plays to the competitive strengths of both partners and creates a new model of close cooperation between Chinese and German high-tech companies.”

The previous preparatory work for the joint venture has been strongly supported by government authorities. “We are convinced that the joint venture will contribute to resource preserving and sustainable development of the Chinese tungsten industry and, as a result, will be a business success for all parties involved,” explained both Zhong and Meier. “The joint venture will also strengthen H.C. Starck’s raw material supply chain. And the facility will create about 400 new jobs which will boost the economic and social development of Jiangxi Province.”

Ganzhou is one of the largest cities in the province of Jiangxi, which has large natural-tungsten deposits. Advanced tungsten products are used as high performance materials in a variety of growth industries, including specialty cutting tool manufacturing, wear parts for mining, tunnel and read construction, as an alloy metal, and for components in the aerospace and medical engineering industry

www.hcstarck.com  

www.jxtc.com.cn  

Posted by: Paul Whittaker, Editor ipmd.net, [email protected]   

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Powder Metallurgy’s challenge: How does automotive’s reliance on model-based decision making impact our industry?
  • How to make metal powders. Part 4: Centrifugal and other special atomisation methods
  • Precision and energy efficiency in PM press technology: Insights from Ceramitec 2022
  • Historic traditions and new innovations: refractory metals and hard materials at the 20th Plansee Seminar
  • Tailoring a speciality alloy for Additive Manufacturing: From powder production to parameter optimisation
  • Understanding the compaction and sintering effects of four commonly used lubricants in Powder Metallurgy

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link