Global tungsten demand and supply forecast

Abstract

An estimate of the world tungsten demand and supply until 2018 has been made. The figures were obtained by extrapolating from past trends of tungsten production from1905, and its demand from 1964. In addition, estimate suggestions of major production and investment companies were taken into account with regard to implementations of new projects for mining of tungsten or possible termination of its standing extraction. It can be assumed that tungsten supply will match demand by 2018. This suggestion is conditioned by successful implementation of new tungsten extraction projects, and full application of tungsten recycling methods.