Xiamen Tungsten is braced for a harder second half, after more than doubling net profit in the first, as lower product prices, slower demand and higher costs erode margins

Xiamen Tungsten is braced for a harder second half, after more than doubling net profit in the first, as lower product prices, slower demand and higher costs erode margins. "Looking ahead at the second half, given rising raw material costs, falling demand for intensive processed products, the risk of prices of tungsten concentrate, tungsten powder and rare earth products slipping...

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