Xiamen Tungsten
厦门钨业
Heavy Industry, Machinery & ChemicalsXiamen · East (Shandong · Fujian)
Business focus
Heavy Industry, Machinery & Chemicals
Description
Publicly listed firm (SSE: 600549) tracing roots to the Xiamen Alumina Plant (1958); switched to tungsten in 1982 and listed on the Shanghai exchange in 2002. Three segments: tungsten-molybdenum (mining to cemented carbide), rare earths (mining, separation, magnets) and new energy materials (lithium-battery cathodes). Holds roughly 10% of global tungsten output; subsidiary Xiamen Tungsten New Energy listed on the STAR Market in 2021.