China rare earth price keeps rising on November 10, 2021 under the influence of continuous favorable policies, tight supply of raw materials, and good development of downstream traditional and emerging industries. However, as the price of rare earth raw materials rises, buyers are not willing to purchase at high prices, leading poor spot liquidity. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and molybdenum powder prices decline steadily on November 10, 2021 affected by poor performance in steel tenders, limited output of concentrate and capital shortage. 

Namibia Critical Metals Inc. announced that it had joined the Brussels-based Rare Earth Industries Association. The Rare Earth Industry Association (REIA) is an international non-profit organization representing the global rare earth (REE) industry. Founded in June 2019, it is chaired by GloREIA, the internationalization project of EIT raw materials.

A company in line to become the first major lithium developer in Alberta, Canada, says the province's latest regulatory measures for mineral and rare earths mining are good news for investors as they look to major production in the sector in the coming years.

Analysis of latest tungsten market from Chinatungsten Online

China’s Ganzhou Tungsten Association (GTA) increased its average tungsten forecast prices for November while other state-owned tungsten companies lowered down their offers for early this month. 

A recent review published in the journal EcoMat highlights a number of new developments in the use of Mo-based catalysts for better control of water and air pollutants, while also exploring a range of approaches that have the potential to optimize Mo-based materials and use them as efficient catalysts.

Libero Copper & Gold recently announced that it has filed 32 mining claims totaling 103,578 hectares covering a significant portion of the Jurassic porphyry belt to the southwest and northeast of its Mocoa copper-molybdenum project.

Currently, China accounts for about 70% of global mining of rare earths and 85% to 90% of their processing. For the EU, China provides 98% of its supply needs. This is an issue of concern, which is too dependent on one country to supply materials such as neodymium, praseodymium, dysprosium and terbium, and is also a concern for the US.

Rare earth elements are found in the earth's crust and are not very rare, but they are typically found in very small quantities, are arranged over large areas, and require complex post-processing, which makes most existing deposits too expensive to mine. Rare earths are key elements used in automobiles, consumer electronics, computers, communications, clean energy, and defense systems.

Engineers at Pennsylvania State University (Penn State) have received a National Science Foundation grant to recover rare earth elements (REEs) from phosphogypsum, a fertilizer byproduct stored indefinitely in open dumps and pumped into designated lakes.