U.S. natural gas futures rose about 5 percent to a near nine-week high as global energy prices surged on concerns over a pricing plan for energy exports, keeping U.S. LNG export demand near record highs. U.S. natural gas prices have risen despite forecasts of mild weather and lower-than-expected demand, which will allow utilities to fill up storage facilities next week. On Wednesday, Germany launched an emergency plan to manage gas supplies in Europe's largest economy. If natural gas supplies are interrupted or stopped, the German government could take unprecedented steps to limit electricity supply.
Affected by the increase in the price of natural gas, the price of the tungsten carbide powder will also increase.
Tungsten carbide is a compound in which two elements are combined to form a new metal. Recently, it has become increasingly popular in the industrial world as more and more people use it in place of traditional metals. It's a versatile and very useful material, but what makes it better than other metals?
Tungsten carbide is a very hard material. It is predicted to have a Mohs hardness of 8.5 to 9, second only to diamonds. This makes it a valuable metal with many different uses. Tungsten carbide bits are incredibly resilient to work where other metal bits blunt and break.
Steel, by contrast, has three times less rigidity than tungsten. This rigidity makes tungsten stronger than steel and titanium. Tungsten is very durable and can withstand many tests in any job. Whether it's tungsten powder or tungsten carbide blades, this compound gets the job done.
In addition to its strength, tungsten is easily recycled and can be used for many years. Tungsten carbide waste is collected, melted down, and modified better than other metals, potentially damaging or missing in the process. Other metals tend to lose their integrity or become too damaged to recycle, leading to more waste. Many companies are more than willing to buy tungsten scrap at a very reasonable price to give you less waste and a smaller carbon footprint.
The strength of tungsten plays an important role in its recovery value. Its toughness has ensured a long life, but there is no loss of durability in carbide recovery materials when it is recycled. Unlike metal, it is strong in all its uses and can be recycled again and again. Almost all other metals eventually break down. Because tungsten is a compound and not a natural metal, it does not have this disadvantage.
Tungsten has proved its superiority over other metals time and again in the industrial field. Its durable strength and versatility make carbide recovery materials one of the most valuable compounds.
Tungsten Carbide WC Powder Price
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Chile's government has decided to create a state-owned lithium enterprise and hopes to establish a model for the company by the end of the year, Mining Minister Marcela Hernando said in an interview.
Chile is the world's second largest lithium producer and has the largest reserves of lithium in the world. The domestic lithium industry is currently dominated by two private companies, Albemarle and SQM.
Chile wants to participate more closely in the booming lithium market after leftist President Gabriel Boric took office in March. The accelerating electrification of the global auto industry has helped push prices of lithium, a key raw material for electric car batteries, to record highs over the past year, lapping up more players, including Mexico and Argentina, who want a piece of the market.
According to Hernando, the government is setting up a task force to determine the best way to run state-owned lithium enterprises. She said the government hopes to establish plans by the end of the year for how the company will develop and what business model it will operate under.
Hernando stressed that while the state would be a major shareholder in the proposed company, it was open to private investment.
Luoyang Tongrun Nano Technology (TRUNNANO) is a global chemical material supplier providing high-quality chemicals and Nanomaterials including graphite powder, 3D printing powder, the tungsten carbide powder.
15+ years of experience
Over $50+ million in sales
14+ years of experience
Over $50+ million in sales
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