XMWY Tungsten Industry Co., Ltd. is a group joint-stock company listed on the Shanghai Stock Exchange. The company was founded in 1958. In November 2002, the company's stock was listed on the Shanghai Stock Exchange.
As of the end of 2018, XMWY Tungsten Industry has 32 holding subsidiaries and 1 branch, with a national tungsten material engineering technology center, a national high-end energy storage material national and local joint engineering research center, a rare earth engineering technology center, and three post-doctoral workstations. The company is a national key high-tech enterprise, the national torch plan tungsten material industry base, and the first batch of national demonstration enterprises to develop circular economy.
In recent years, the company adheres to the strategic policy of “relying on the development of cemented carbides to strengthen Xiamen Tungsten, and relying on the development of rare earth and new energy materials to enlarge Xiamen Tungsten”, and continues to optimize and enrich the industrial structure. The company's tungsten material industry's main product capacity is in a global leading position, of which the annual production capacity of tungsten smelting products is 30,000 tons, ranking first in the world; the export volume of cemented carbide accounts for more than 30% of the country, and the market share of tungsten wire for lamps is 70%. Ranked first in the world. In the field of rare earth industry, as one of the six major rare earth groups in the country, the company has formed a relatively complete industrial system from the development of rare earth mines, smelting separation, rare earth functional materials and scientific research applications. In the field of battery materials, the company has an annual capacity of 40,000 tons of lithium battery cathode materials and an annual sales volume of 35,000 tons. It ranks in the forefront of domestic production and sales and is the most competitive energy new material industry base in China.
XMWY Tungsten Co., Ltd. has determined its strategic positioning of focusing on the three core businesses of tungsten and molybdenum, new energy materials and rare earths. It will continue to adhere to "Let employees realize their self-worth, satisfy customers with services, and obtain rich returns for shareholders. The corporate purpose of “community seeks harmonious development”, through the innovation of the system and mechanism, the building of Xiamen Tungsten has become a “platform for talent gathering, a platform for technological innovation, and a platform for industrial development”, so as to achieve the third entrepreneurial goal.
Products
Tungsten concentrates:
Tungsten trioxide, blue tungsten oxide, tungsten powder, tungsten carbide, hard alloy, tungsten steel, tungsten bar, tungsten wire, etc.
APT
APT is the most important intermediate product in the tungsten industry chain. It is the main raw material for the production of tungsten products such as tungsten oxide, tungsten powder, tungsten materials, hard alloys, tungsten-based alloys, and tungsten-based catalysts.
Tungsten oxide
Mainly used in the production of tungsten powder, tungsten carbide powder, tungsten rod, tungsten rod, tungsten wire, tungsten-based products, denitration catalysts, petroleum catalysts, fine chemicals, ceramics and tungsten-based high-density alloys.
Tungsten powder
Widely used in hard alloys, high specific gravity alloys, electronic targets, diamond tools, electrical alloys and many other fields.
Tungsten carbide powder
It is widely used in industrial tools and wear-resistant parts that require high hardness and strength. Such as metal cutting tools, drills, wear-resistant teeth, ceramic alloys, electronic contacts, etc.
Cobalt powder
The world's scarce strategic metal is mainly used to make one of the key raw materials for cemented carbide materials, such as cemented carbide and synthetic diamond tools.
Thermal spray powder
Thermal spray powder mainly includes tungsten carbide-based spray powder and chromium carbide-based spray powder. Among them, tungsten carbide-based spray powder coating is mainly used in petrochemical valves, geological mining tools, injection screws, printing machinery parts, etc .; chromium carbide-based spray powder coating is mainly used in high-temperature corrosive environments such as inner walls of gas pipelines and pump bodies.
Cast tungsten carbide
It is mainly used as a reinforcing material for the surfacing of petroleum drilling tools, building materials machinery, grain machinery and other parts subject to wear.
Hard alloy bar
Mainly used for the production of solid alloy cutters such as end mills, drills, reamers, etc. These tools are widely used in metal processing.