Rare earth market quotation in China: the rare earth market was stable in the whole week because large enterprises’ stable quotation gave confidence for business. The news side is quiet at the time being, both buyers and sellers wait and see, and traders are more optimistic about the late pattern of supply and demand. This week, rare earth price will continue the current market trend.

Molybdenum market quotation in China: the latest price of molybdenum bar, molybdenum powder and molybdenum concentrate is stable at present. The sharp rise in molybdenum price at home and abroad from late last year has stimulated some small-and-medium mines to start producing. The increasing molybdenum raw materials intensify the competition of ferro molybdenum market. 

Analysis of latest tungsten market from Chinatungsten Online: Domestic tungsten market has been remaining weak since February as terminal demand increases very slowly. And restricted to negative factors, tungsten market will continue the current trend in the short term.

Rare earth market quotation in China: domestic rare earth market continues to operate stably as the difference in price between buyers and sellers makes traders maintain wait-and-see mentality. Considering the good expectation for purchasing and storage, cracking down on illegal enterprises and demand of new energy automobile from market traders, rare earth price is likely to rise in the next week.

Market price is eventually determined by the relationship between supply and demand. At present, the supply of molybdenum concentrate is relatively tight, supporting the high raw material prices. Due to the weak demand of steel mills, ferro molybdenum manufacturers are hard to reduce their stocks and thus press the price.

The US House of Representatives' Natural Resources Committee has passed the National Strategic and Critical Minerals Production Act, which Aim- and ASX-listed Thor Mining said would benefit its Pilot Mountain tungsten project in Nevada.

Tungsten-focused Happy Creek Minerals (TSXV:HPY) published an updated resource estimate for its Fox property in BC on Tuesday (February 27).

The company’s share price has increased 2.68 percent since the announcement, and is up 112.96 percent year-to-date.

W Resources is now on track to start trial mining at Regula, the project chairman Michael Masterman calls the "quiet achiever."

Analysis of latest tungsten market from Chinatungsten Online: The bearish atmosphere in whole raw material market and wait-and-see mentality of businesses at the end of the month lowers buying activity. Downstream market tries to force price down while traders have strong willingness in selling. And due to the game between fundamentals and funds, some enterprises stop quoting, waiting for new guide prices from institutions and large tungsten enterprises.