Correction

In the story “Malaga sitting pretty as tungsten prices soar” (TNM, March 12–18/12), incorrect tungsten units were used.

The story should have read that demand for the metal has pushed up the average reference selling price of ammonium paratungstate — the main tungsten raw material traded in the market — to US$454 per metric tonne unit (MTU) in 2011’s third quarter, up from US$240 MTU in the third quarter of 2010. 

Malaga’s Pasto Bueno tungsten mine in Peru is among the world’s lowest-cost producers, at US$163 per MTU.