MARKET & PRICE TREND OF TUNGSTEN CHINA, 2021

PART II of VII

Processing Cost of Tungsten Products in the Mainland of China

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price remained weak adjustment in the week ended on Friday, December 03, 2021 affected by the imbalanced relationship between supply and demand. 

At the beginning of the week, China rare earth price as a whole remained stable and strong. Under the interweaving of most positive and negative factors, the mentality of traders was different, which made quotations difficult and transactions were average.

MARKET & PRICE TREND OF TUNGSTEN CHINA, 2021

PART I of VII

Macro Environmental Factors Affect China's Tungsten Market

Amir Sheikhi, an assistant professor in the Department of Chemical Engineering at Penn State University, has discovered a new process for separating and recovering rare earth elements from electronic waste such as old computers and circuit boards using plant cellulose.

Auxico Resources of Canada is planning to build a 10,000 square meter rare earth refinery in a free trade zone in the city of Santa Marta, Colombia. The plant will have a throughput of 36,000 tons per year at an estimated cost of $116.2 million.

Researchers in China have developed a hybrid film based on two-dimensional WO₃ nanoparticles to improve the performance of vanadium oxide liquid flow batteries (VRFB).

A protein sensor developed by researchers that emits a green light when it encounters terbium, a rare earth element, could boost U.S. progress in mining rare earth elements in acid mine drainage.

American Resources Corporation recently announced another milestone for the company with the final permitting of its first rare earth and key element purification and isolation facility currently under construction in Noblesville, Indiana.

Thor Mining discovers tungsten-molybdenum-copper mineralization at Molyhil deposit in the Northern Territory of Australia. The Molyhil project is hosted in two adjacent skarn bodies and contains outcropping pyromorphite and scheelite mineralization. The deposit has been the subject of systematic test work since mid-2004, including geophysical surveys, diamond and RC drilling programs, surface and underground bulk sampling, metallurgical test work, and geotechnical studies.