Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price has shown a steady trend at the beginning of February, 2022. Representative agencies of major producing areas and several large tungsten companies have made a good start after the Spring Festival due in part to the strong market before the holiday. 

Rare earth market quotation in China: neodymium oxide and praseodymium neodymium oxide prices edge higher while cerium oxide price maintains stability on Feb. 10, 2022 when the whole market trading is active. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading day. Affected by the imbalance of supply and demand, buyers and sellers have different attitudes when entering the market.

Providing substantial protection to equipment through enhanced corrosion and wear resistance has made high velocity oxygen fuel (HVOF) tungsten carbide coating highly preferred, and it is popular in many end-use industries. Aerospace accounts for a large share of the overall HVOF tungsten carbide (Wc) coating market, followed closely by power generation and automotive.

Poland's only operating research reactor, the National Center for Nuclear Research (NCBJ) MARIA reactor in Świerk has rapidly rearrange its work program in response to a shortage of the medical isotope molybdenum-99 (Mo-99) due to the failure of the High Flux Reactor (HFR) in the Netherlands.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price shows signs of rise after the holiday of Chinese Lunar New Year. On the one hand, insiders maintain optimistic attitudes when the whole world is focusing on the Winter Olympics, and the release of raw materials is limited; on the other hand, new offers from listed tungsten companies shored up market confidence. 

Rare earth market quotation in China: terbium oxide and praseodymium oxide prices increase slightly while lanthanum oxide price remains unchanged on February 9, 2022. 

Molybdenum market quotation in China: ferro molybdenum price edges higher while concentrate and molybdenum powder prices remain firm and stable on February 9, 2022. 

Alpha Copper Corp, a resource sector organization, provides a brief introductory overview of its Okeover copper-molybdenum project located in coastal British Columbia. The Okeover (Ok) copper-molybdenum property covers 4,613 hectares and is located north of the coastal city of Powell River, British Columbia.

China has set its first rare earth mining quota for 2022 at 100,800 tons, an increase of about 20% from last year's level, and a smelter separation quota of 97,200 tons, also up from 81,000 tons in 2021.