From KIS AGM report7 Sep 2019 22:08
World tungsten supply is dominated by production in and export from China. The Chinese
Government has regulated the industry by limiting the number of mining and export licenses,
imposing quotas on concentrate production and placing constraints on mining and processing4.
Country Mine Production (MTU) / Reserves
2017 2018e Reserves
China 67,000 67,000 1,900,000
Vietnam 6,600 6,000 95,000
Russia 2,090 2,100 240,000
Bolivia 994 1,000 NA
United Kingdom 1,090 900 43,000
Austria 975 980 10,000
Portugal 724 770 3,100
Rwanda 720 830 NA
Spain 564 750 54,000
Other Countries 1,300 1,400 1,000,000
Total 82,057 81,730 3,345,100
e Estimated
Source: U.S. Geological Survey, Mineral Commodity Summaries, February 2019
3 International Tungsten Industry Association
4 U.S. Geological Survey, Mineral Commodity Summaries, February 2019