Headquarters: Xiamen, China
Visit Website ↗Xiamen Tungsten (XTC) is a state-sanctioned leader in the 'New Energy Materials' space, operating one of China's six major rare earth groups alongside its dominant tungsten business. XTC is uniquely positioned at the downstream end of the chain, specializing in the production of high-performance NdFeB magnets, ternary cathode materials for EV batteries, and ultra-fine tungsten wires. As of 2026, its battery and rare earth segments account for nearly 50% of its total revenue. XTC is a primary supplier to global automotive and consumer electronics OEMs, leveraging its deep vertical integration from Fujian-based mining to specialized magnet-alloy manufacturing.
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