New source of tungsten

GTP, the tungsten powders division of Plansee Group, has recently started receiving tungsten ore concentrate from the Drakelands Mine in Hemerdon/England.

After a year and a half of construction the mine was opened in September. Along with other investors, GTP has provided the start-up financing for the mine to secure a long-term supply of tungsten ore concentrate. With a length of 850 meters, a width of 450 meters and a depth of 260 meters, the Drakelands Mine is larger than any other tungsten mine in Europe, North America or South America. It is currently predicted that the Drakelands Mine will produce around 4,000 tonnes of tungsten ore concentrate a year. GTP converts the tungsten ore concentrate to tungsten power, tungsten carbide and ready-to-press powder based on tungsten.

About the Plansee Group
With Plansee High Performance Materials, Global Tungsten & Powders (both 100 percent) as well as Ceratizit (50 percent) and the investment in Molymet (20 percent), the Plansee Group, headquartered in Reutte, Austria, belongs to one of the worldwide leading powder metallurgical industrial groups that covers the whole supply chain of the high-tech materials, Molybdenum and Tungsten – from the ore concentrate processing to the production of customer-specific components.
In the 2014/15 fiscal year, the Plansee Group realized consolidated sales of 1,26 billion euros with 6,253 employees.
The fiscal year ends on the last day of February.

Photo: Wolf Minerals Limited