The global geological exploration industry is currently facing an unprecedented challenge in its supply chain. Comprehensive market data through November 2025 reveals dramatic, sustained increases in tungsten raw material costs that directly impact drilling operations worldwide. The price surge across the tungsten product spectrum is both substantial and persistent, creating significant pressure on drill bit manufacturers and their clients.
Detailed Tungsten Product Analysis (vs. 2024 Average Prices):
Black Tungsten Concentrate (65%): +137.23% vs 2024 average
Scheelite Concentrate (65%): +138.41% compared to the 2024 average price
Ammonium Paratungstate (APT): +137.67% vs 2024 average
Tungsten Powder: +152.86% vs 2024 average
Carbide Tungsten Powder: +146.86% vs 2024 average
70% Ferrotungsten: +115.79% compared to the 2024 average price



According to the report, such drastic price fluctuations have posed significant challenges to maintaining quality standards and cost-effectiveness in drill bit manufacturing.【1】
Despite market fluctuations, ROCKCODE remains committed to using high-quality materials and continues to source from trusted suppliers such as Kennametal Inc and Sandvik. ROCKCODE is committed not to compromising product quality or passing all costs onto customers, but rather to absorbing some of the increased costs while maintaining strict quality control. This ensures stable product performance and reliability, delivering greater long-term value to customers by extending service life and improving operational stability.
→ For more information about ROCKCODE’s products, please visit: https://www.rockcodebit.com/product
→ Email us at: info@rockcodebit.com
→ Information in this article is for general reference only. For specific drilling projects and drilling bits, please consult qualified professionals. Thank you.
Source
1、https://mp.weixin.qq.com/s/0ItYOigJEfTNhRDNDvj66g
https://www.rockcodebit.com/the-tungsten-supply-chain-challenge-data-and-industry-response.html