• rain_enjoyer@sopuli.xyz
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      9 hours ago

      Nah it makes sense in the context. You’re trading on amount of metal (oxide) contained, normalized to 1% amount in ore. 0.6% ore and 1.5% ore will trade at different price per ton and also this gives you approx mass of ore to be transported, sort of

        • rain_enjoyer@sopuli.xyz
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          1 hour ago

          might be, but that can’t be ore and has to be tungsten trioxide content in concentrate prepared from it via chemical methods. two common tungsten ores have 60% and 63% tungsten metal content when pure, tungsten trioxide is 79% metal, and there’s also 80% of tungsten trioxide in these ores

          common tungsten use is in carbides and these contain 12% of cobalt as binder, hence 88%