Recently, the price of tungsten, a strategic metal, has continued to surge. As of March 16, 2026, the price of tungsten has exceeded its historical peak of US$2,250 per metric ton, with a cumulative increase of 557% over the past year, far exceeding that of mainstream commodities such as gold and copper. This trend has directly driven the growth of downstream high-end tungsten product industries, among which Tungsten Copper Electrical Contact, as a core application product, has seen a continuous increase in market attention.
Tungsten Copper Vacuum Contacts, with its high melting point and high hardness of tungsten and the excellent electrical and thermal conductivity of copper, as well as its resistance to arc burn-out and welding, is a key component in high-voltage electrical switches, rail transportation, and new energy equipment, and is hailed as the "core contact" of high-end electrical equipment. Prepared through powder metallurgy, it forms a unique "pseudo-alloy" structure, allowing the tungsten-copper ratio to be adjusted according to downstream demand. It is widely used in high-voltage circuit breakers, high-voltage relays for new energy vehicles, photovoltaic inverters, and other scenarios, becoming an important material supporting the upgrading of high-end manufacturing.
From the perspective of resource supply, global tungsten resources are highly concentrated. China, as the world's largest tungsten reserve holder and producer, will account for 51% of global reserves and over 70% of global tungsten concentrate production by the end of 2025, dominating global tungsten supply. This resource advantage provides a solid raw material guarantee for the development of China's Tungsten Copper Contact industry.
The explosive growth in demand has become the core driving force for the development of the Copper Tungsten Contacts industry. Since 2025, demand from strategic sectors such as new energy, military, and ultra-high voltage power transmission has continued to rise. The increased penetration rate of 800V high-voltage platforms in new energy vehicles and the accelerated construction of ultra-high voltage projects have directly driven a surge in demand for contacts, with the industry market size reaching 5.8 billion yuan, a year-on-year increase of 8.35%, far exceeding the average growth rate of the entire tungsten products industry.
The continued high price of tungsten has a dual impact on the Tungsten Copper Button Contact industry. On the one hand, the soaring price of tungsten, a core raw material, has led to a significant increase in production costs for enterprises. In 2025, raw material costs accounted for 68.4% of total production costs, putting pressure on the profitability of some small and medium-sized enterprises. On the other hand, rising prices are also forcing the industry to accelerate technological upgrades. Leading companies are alleviating cost pressures by optimizing production processes and increasing product added value, while simultaneously promoting domestic substitution.
Currently, the Tungsten Copper Solid Rivet Contacts industry is undergoing a high-quality development transformation. Domestic companies have achieved import substitution for mainstream specifications of products. In 550kV and above ultra-high voltage equipment, the domestic electrical contact matching rate has increased to 75.1%. However, high-end products with high tungsten content still rely on imports. As my country strengthens the management of tungsten resources and continuously improves the recycled tungsten system, it will provide a stable supply of raw materials for the contact industry.
Industry insiders say that, influenced by factors such as the continued widening of the global tungsten supply-demand gap and the driving force of downstream high-end demand, tungsten prices are expected to remain high in the next two years, bringing structural development opportunities to the Electric Horn Tungsten Contacts industry. Enterprises need to focus on technological research and development, break through technical bottlenecks such as component segregation control and ultra-thin product preparation, and at the same time, grasp the needs of emerging fields such as new energy and military industry, promote the upgrading of products to high added value, and help the localization process of high-end electrical equipment in my country.
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We have been deeply involved in the Tungsten Copper Electrical Contact field for many years, with a full range of products that can precisely match the needs of high-voltage electrical appliances, new energy vehicles, ultra-high voltage, and other scenarios. Our products possess high conductivity, arc resistance, and anti-welding properties. Leveraging a stable supply of tungsten raw materials, we achieve a stable batch supply, strictly controlling product quality and cost to help customers reduce costs, increase efficiency, and enhance product competitiveness.
We sincerely invite customers from all sectors to inquire about Tungsten Point Contact product details and discuss order cooperation. We will provide customized solutions and excellent after-sales service, working together to seize new opportunities for industry development!
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