A document on the official website of the U.S. Geological Survey shows that America relied almost entirely on rare earth elements (REEs) imported from China in the late 1990s. Some 20 years later, U.S. defense contractors still can't find any alternative REEs to keep their F-35s flying, according to ABC News.

NioCorp Development Ltd. announced positive results from its ongoing metallurgical work to extract rare earth elements from ore samples from the Elk Creek project.

Chinese rare earth imports are mainly rare earth ores, and the two main suppliers are Myanmar and the US. However, future imports from the U.S. may grow more slowly. China imported 13,300 tons of rare-earth metal ore in November and 71,500 tons from January to November 2021, of which 71,300 tons, or 99% of the total, were imported from the US. The growth of rare-earth metal ore imports from the US has declined from 67% in 2019 to 11% in 2021 as production at the MP mine is approaching full capacity.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market remains strong at the beginning of the year 2022. Tungsten association increased the average tungsten forecast prices for January, and listed tungsten companies raised their bid prices for the first half of this month as well. 

China rare earth price has continued to rise as a whole in the first trading week in the year of 2022 began on Tuesday January 4. In the context of supply and demand imbalances, buyers and sellers have different mentalities, that is, sellers have a higher awareness of selling and raising prices, while buyers have a strong sentiment of lowering prices in order to avoid the risk of inversion. 

China molybdenum price kept stable and firm in the first trading week in the year of 2022 began on Tuesday January 4 when suppliers have strong rised mentality and steel tenders became active. 

JL Mag Rare-Earth Co., Ltd., a manufacturer of rare earth permanent magnets, expects new energy vehicles (NEVs) to account for most of its sales in the coming years, according to the company's chairman.

A new study published in Nanophotonics by lead authors Huanyang Chen at Xiamen University, China, and Qiaoliang Bao, shows that molybdenum trioxide (a-MoO₃) materials can be used to replace expensive and difficult-to-produce metamaterials in emerging technology for new optical devices.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price keeps stable at the beginning of the year 2022 as the market is in a stalemate after the holiday of New Year’s Day. With the approaching of the Spring Festival, the supply in the market may reduce and traders mainly pay more attention to the replenishment of downstream. 

China’s domestic rare earth price is showing a stable and upward trend on January 6, 2022. In addition to the tight supply of rare earth raw materials has boosted the confidence of holders to raise prices. At the beginning of the new year, many downstream users have increased their initiative to stock up. It also contributes to the increase in product prices.