Stavely Minerals (SVY) has commenced a new regional exploration program at its wholly-owned Namesake Copper-Gold-Molybdenum Mine project in Victoria. The project has been described by the company as the "most comprehensive" regional exploration program undertaken on the project in 40 years, with ground survey work focusing on 19 targets.

Rare Earth Refiners (RER), rare earth (RE) mineral refinery located in Pretoria, South Africa, has designed, built and commissioned a demonstration plant for the green production of rare earth fluoride with an R15 million grant from the Technology Innovation Agency (TIA).

Altona Rare Earths has commenced exploration drilling at its Monte Muambe rare earth project in Northwest Mozambique to assess the value and potential of the asset.

NioCorp Developments Ltd. ("NioCorp" or the "Company") of Colorado, USA, on October 4, 2021, is pleased to announce that elemental analysis of historical drill core samples from the Elk Creek mine referred to superalloy material project has commenced at Activation Laboratories Ltd. in Ancaster, Ontario ("ActLab") to determine their rare earths and other element concentrations.

Altona Rare Earths (ANR), a rare earth mining company listed on Aquis, raised £1.25 million through an oversubscription placement, which will enable the group to accelerate and expand its activities in Africa.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price is temporarily stable in the middle of October owing to the quiet market. The rebound since late September is mainly due to the energy crisis and inflation from upstream to downstream. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices maintain stability on Oct. 12, 2021 with rare new deals concluded in the market. Thanks to the support of inflation pressure and cost under the background of energy shortages, traders are reluctant to sell at a low price and hope to increase offers. In the short term, the market is expected to continue its stability.

China’s domestic rare earth price as a whole is showing a steady upward pattern on October 13, 2021 because of the increased sentiment of downstream users after the holiday, limited output of domestic rare earth smelting and separation enterprises, and poor performance of the rare earth import market. 

Ferro molybdenum price in the Chinese market rebounds on October 13, 2021 stimulated by rising steel prices. Traders' mentality has improved, so the order growth rate has accelerated compared with before the holiday.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price starts to show signs of rise in the middle of October. Recently, pressures on logistics and transportation caused by the epidemic repeatedly, on raw material supply chain caused by the economic recovery after the epidemic, on energy shortages caused by natural conditions such as seasonal weather, on environmental protection under the vision of carbon neutrality, etc., have led to an increase in the cost. The new guide prices for early October were raised accordingly.