Western Rare Earths (WRE), a wholly-owned subsidiary of American Rare Earths Limited and an Arizona-based mining exploration company, hopes to unlock China's rare earth dominance through the Defense Advanced Research Projects Agency's (DARPA) new Rare Earth Elements (REE) bioengineering research program.

After PVW Resources NL conducted field visits at the Killi Killi East and Watts Rise mines of the Tanami project in northeastern Western Australia and obtained results of high-grade rare earth cuttings, the stock price soared to its highest point in more than nine years.

A new luminescent sensor can detect rare earth elements (REEs) from complex samples of waste resources, such as acid mine drainage. The sensor, developed by researchers at Penn State University, makes use of a protein that binds to REEs and could be used to help develop domestic supplies of these metals. Rare earth metals are used in technologies such as smart phones, electric car batteries and energy-efficient lighting. A paper describing the sensor was published in American Chemical Society.

Greenland Resources Inc. recently announced that TetraTech Canada Inc. has prepared an independent mineral resource estimate of 281 million tonnes grading 0.18% molybdenum disulfide (MoS₂), giving the company 661 million pounds of molybdenum in the measured and indicated resource category on its 100% owned Malmbjerg Molybdenum Project.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday, October 15, 2021 mainly due to the tightening availability of raw materials in the market. 

Rare earth market quotation in China: europium oxide, cerium oxide and lanthanum oxide prices maintain stability on October 18, 2021 mainly supported by the lack of stocks of raw materials and the increase in inquiries from downstream users. 

Molybdenum market quotation: ferro molybdenum, molybdenum oxide and molybdenum bar prices remain unchanged on October 18, 2021 as the market is in a stalemate and traders remain cautious. 

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic ammonium paratungstate (APT) and ferro tungsten powder prices keeps firm on October 14, 2021 against the background of insufficient energy supply and soaring raw material prices. 

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and lanthanum oxide prices continued to rise in the week ended on Friday October 15, 2021. However, as the price of raw materials rises, the profit margin of downstream separated companies continues to shrink, which is one of the factors that is not conducive to the healthy development of the entire industry.

China molybdenum price rebounded in the week ended on Friday October 15, 2021 supported by factors such as the increase in the popularity of the steel recruitment market, the willingness of molybdenum mining companies to ship products and the rise in international molybdenum prices.