FIRST ferrotungsten was lifted at Asia Tungsten Products Company’s (ATC) ferrotungsten project in Vietnam during April, with first sales revenue expected to follow in coming weeks.
A subsidiary of Hazelwood Resources, ATC began hot commissioning at the start of April and its furnace is now performing to expectation.
The facility is the largest ferrotungsten plant outside of China and, according to Hazelwood, is the most advanced in the world.
Outside of China there is limited production capacity for the master alloy, which is used in the production of high-speed steels, tool steels and temperature resistant alloys.
All of the ferrotungsten produced will be distributed under a sales agency agreement with Wogen Resources.
Hazelwood reported that while the ATC ferrotungsten project was currently a refining operation that used externally sourced feedstock, it had the potential to launch into other downstream processing
ventures and even become an integrated
“There is potential for future vertical integration with Hazelwood’s proposed Big Hill tungsten deposit in Western Australia,” the announcement stated.
“Big Hill is an advanced project with an open pittable 12-year JORC ore reserve and is capable of producing an exceptionally pure tungsten feedstock.”
Hazelwood also has a 70 per cent interest in the Mt Mulgine project in WA which hosts a near-surface JORC-compliant mineral resource.