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Mosten Alloy Co., Ltd.

State policy on tungsten and Molybdenum issued: abolishing the ban on foreign investment in Molybdenum prospecting and mining, and encouraging foreign investment in tungsten and Molybdenum deep processing industries

  • Mosten
  • 04 Jul

On June 30, 2019, the State Development and Reform Commission and the Ministry of Commerce issued the Special Management measures for Foreign Investment access (negative list) (2019 Edition), the Special Management measures for Foreign Investment access in Free Trade pilot area (negative list) (2019 Edition), and the catalogue of encouraging Foreign Investment Industries (2019 Edition). It is understood that according to the contents of this list and catalogue documents, the latest policy points out that the mining industry has lifted the restrictions on oil and gas exploration and development limited to joint ventures and cooperation, and lifted the ban on foreign investment in the exploration and exploitation of Molybdenum, tin, antimony and fluorite. At the same time, the original industrial policies related to tungsten, Molybdenum, rare earth and other related industrial policies are explained as follows: "Special Management measures for Foreign Investment access (negative list) (2019 Edition) >

II. Mining It is forbidden to invest in rare earth, radioactive mineral, tungsten exploration, mining and ore dressing. Foreign-invested admission special management measures (negative list) of free trade test area (2019)> II. Mining It is forbidden to invest in rare earth, radioactive mineral, tungsten exploration, mining and ore dressing. (Without permission, it is forbidden to enter the mining area or to obtain the geological data of the mine, the ore sample and the production process technology. ) Encourage the Catalogue of Foreign-funded Industries (2019) The whole country encourages foreign investment industry catalogue (15) Nonferrous metal smelting and calender processing industry 112. Production of high-tech non-ferrous metal materials and their products: compound semiconductor materials (gallium arsenide, phosphorus-8-gallium oxide, indium phosphide, gallium nitride), high temperature superconducting materials, memory alloy materials (titanium-nickel, copper-based and iron-based memory alloy materials), ultra-fine (nano) calcium carbide and ultra-fine (nano) crystal cemented carbide, superhard composites, precious metal composites, light metal composites, aluminum foil for radiators, Medium and high voltage cathode capacitor aluminum foil, aluminum foil for lithium battery electrode, electrolytic copper foil, large section, complex section aluminum alloy profile, aluminum alloy precision die forgings, electrified railway overhead conductors, ultra-thin copper strip, corrosion resistant heat exchanger copper alloy, high performance copper-nickel, copper-iron alloy strip, copper beryllium strip, wire, pipe and rod processing material, high temperature and anti-decay tungsten wire, magnesium alloy casting, lead-free solder, magnesium alloy and its application products, aluminum foam, Titanium alloy smelting and processing, atomic level sponge zirconium, tungsten and Molybdenum deep processing products.