The U.S. Department of Energy has awarded a $150,000 grant to Florida Polytechnic University in hopes that researchers will find sources of rare earth elements within the country.

PVW Resources NL has discovered heavy rare earths up to 8.77% TREO with gold at the Tanami rare earth elements (REE) and gold property in Western Australia.

China, as the largest importer in the global manganese (Mn) ore market, has strengthened its control over the high purity Mn sector used in electric vehicle batteries through mergers with rare earth miners, while allowing the country to influence prices and gain a competitive advantage.

Red Mountain Mining has confirmed drilling results from its Mt Mansbridge project in Western Australia, which indicate the presence of valuable heavy rare earth elements (HREE), including high-priced dysprosium and terbium.

Kingfisher Mining Ltd (KFM) shares soared after reporting high-grade total rare earth oxides (TREO) at its wholly-owned Mick Well property. The property is located in the Gascoyne region of Western Australia and is one of a number of properties owned by KFM in the region.

Happy Creek Minerals intersects 6.7m of 0.43% WO₃, including 1.2 m grading 1.83% WO₃ at Nightcrawler Zone, Fox Tungsten Project, British Columbia. The company reported assay results from its 2021 drilling and rock sampling program, located near the community of 100 Mile House in southern British Columbia, which is accessible by road.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices in the China’s domestic tungsten market are in a steady rise in the middle of January, 2022. Recently, the repeated outbreak of epidemic in many places in China and the approaching of the Chinese Spring Festival have reduced the output of tungsten and replenishment plans of factories. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and concentrate prices in the Chinese tungsten market remain stable and firm. Recently, Hunan, the main production area of tungsten products in China, has faced great output pressure due to high electricity costs. 

China’s domestic rare earth prices show a general pattern of rising on January 12, 2022. Under the influence of many uncertain factors, the seller's market has a greater advantage, mainly because the prices of mainstream products continue to rise and the transaction volume has increased compared with the previous period.

China’s domestic molybdenum market as a whole presents a stable, moderately strong pattern on January 12, 2022. Affected by the approach of the Spring Festival and the continuous tension of the epidemic in many places such as Henan and Xi'an, the production capacity release of molybdenum production enterprises has been limited to a certain extent and the logistics and transportation have slowed down, which has greatly improved the downstream market.