Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices rose slightly in the week ended on Friday, December 17, 2021. 

Venture Minerals plans to raise $5.5 million through a placement and share purchase program (SPP) to fund a subsurface feasibility study and increased exploration efforts at its Mt Lindsay Tin-Tungsten Target.

EQ Resources believes it needs just A$20 million to advance the historic Mt Carbine tungsten mine in Queensland to the next profitable stage, nearly 150 years after the initial discovery.

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten concentrate and ferro tungsten prices maintain stability as the market is caught in wait-and-see atmosphere with limited deals concluded. Export APT prices keep firm as key exporters are unwilling to cut offers considering continued delayed shipping periods, tight spot availability outside of China and firm prices in the European and US markets. 

Rare earth market quotation in China: the prices of praseodymium neodymium oxide and praseodymium neodymium metal edge higher while neodymium oxide price remains unchanged on December 16, 2021. 

Molybdenum market quotation: ferro molybdenum, molybdenum oxide and concentrate prices increase slightly on December 16, 2021 under the influence of many uncertain factors in the world. 

For many years, I have made the business of non-ferrous metal such as Tungsten, Molybdenum and Rare Earth. What others have done for a long time has become an Expert and/or Professor, but I have become just an old man. So I always think maybe for my business is a very local thing, it's neither fashionable nor noble. It's just a livelihood in the eyes of others!

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and ferro tungsten prices in the Chinese market maintain stability in the middle of December because new guide prices form state-owned company raised raw material suppliers’ rised mentality. 

China’s praseodymium oxide price increases while europium oxide and lanthanum oxide prices keep stable on December 15, 2021. When the supply and demand relationship is in a relatively balanced state, the agreement between the buyer and the seller is not very high, so the new orders are limited and the market outlook is uncertain.

China’s ferro molybdenum price edges lower while molybdenum concentrate and sodium molybdate remains unchanged on December 15, 2021. Given the limited increase in the supply of raw materials and the average price of steel tenders, the market tends to be in a stalemate.