China rare earth price showed a pattern of ups and downs as a whole in the week ended on Friday January 21, 2022. Under the circumstance that the stock of rare earth raw materials is low and the market demand is limited, the price competition between buyers and sellers is fierce, and the transaction is difficult to increase.

China’s domestic molybdenum price remains stable on the whole in the week ended on Friday January 21, 2022. With the gradual increase in the atmosphere of the Spring Festival, the operating sentiment of traders has cooled compared with last week, which in turn led to the weak price rise of most molybdenum products. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten carbide powder prices remain stable on January 19, 2022 as raw material manufacturers still have strong rised mentality when they are optimistic about the new guide prices released by listed companies for the second half of this month. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market continue to be in the upward trend in the middle of January, 2022 despite of cautious sentiment of participants.

Group 6 Metals (G6M) is preparing to ship its first tungsten (W) concentrate from its wholly-owned Dolphin Mine in the first quarter of next year. The company formally decided to develop the Dolphin project last November after securing an $88 million financing target and shareholder approval.

VDM Metals GmbH, Werdohl, Germany, announces VDM® Powder 59 with molybdenum as the latest addition to the Alloy 59 product line. The alloy is one of the most frequently used nickel alloys for demanding applications in corrosive environments. Applications for this alloy have been steadily growing in recent years as new processes have been developed for the chemical and petrochemical industries.

Australian junior gold explorer Torian Resources Ltd has identified a significant yttrium anomaly at its Mt Stirling project in the eastern goldfields of Western Australia that will add rare earth elements to its resource base. A kilometer-wide surface soil anomaly with peak yttrium of up to 521 ppm was identified at the project. The critically-listed rare earth metal is used in various technologies including renewables and electric vehicles.

Australia’s Lynas Rare Earths, the world’s only significant producer of separated rare earth materials outside of China, has announced rare earth sales results for the December 2021 quarter.

Hastings Technology Metals receives environmental permits for rare earth projects, allowing early infrastructure site activities to continue.

BacTech Environmental Corporation, a commercial environmental technology company providing effective and eco-friendly biomining and remediation solutions, today announced its intention to investigate the use of bioleaching as a tool in liberating rare earth elements (REEs).