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Tungsten Industry Analysis in the First Three Quarters in 2021

Category: Tungsten's News
Published on 12 October 2021
tungsten concentrate photo

Abstract: Since August, domestic tungsten prices have dropped slightly as a whole, and the market has a strong wait-and-see sentiment. Tungsten prices will show a weak and stable market.

Eclipse Metals Advances Greenland Rare Earth Development Plan

Category: Tungsten's News
Published on 12 October 2021
The Ivittuut mine in southwest Greenland when in operation image

Eclipse Metals advances Greenland development plan with historic samples returning high-grade rare earth. The historic core analysis is a step forward to enhance the understanding of Ivittuut’s quartz, cryolite, and siderite mineralization and the potential of the Gronnedal-Ika carbonate group to host rare-earth minerals.

Vital Metals Launches Rare Earth Extraction Plant in Saskatoon, Canada

Category: Tungsten's News
Published on 12 October 2021
Vital Metals secures extraction plant in Canada image

Rare earth producer Vital Metals (VML) has initiated the construction of a rare earth extraction plant in Canada to process ore from its flagship Nechalacho mine.

Rare Element Resources Gets Financial Incentive to Support Rare Earth Processing

Category: Tungsten's News
Published on 12 October 2021
rare earth processing image

Rare Element Resources Ltd. (the “Company” or “RER”) is pleased to announce the conclusion of negotiations with the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy ("DoE/EERE") for an assistance agreement to provide approximately $21.9 million in government funding for the engineering, construction, and operation of a rare earth processing and separation demonstration plant located in Wyoming.

Researchers Use Tungsten Disulfide to Find Low-Energy Electrons

Category: Tungsten's News
Published on 11 October 2021
a future beyond CMOS electronics image

The researchers used the interaction between real and imaginary states to "switch" the electronic state of an atomically thick (two-dimensional) material, tungsten disulfide (WS2), which could help in the search for future low-energy electrons based on exotic topological materials.

REMX Comes at Right Time as Rare Earths Shine

Category: Tungsten's News
Published on 11 October 2021
Periodic Table of the Elements image

The VanEck Vectors Rare Earths/Strategic Metals ETF (REMX) is a lone wolf among rare earths exchange-traded funds, and this year the company has had significant success in asset gathering, with the work it has been doing paying off, with a 56.59% gain year-to-date.

Europe Wants to Tackle Dependence on Rare Earth Magnets

Category: Tungsten's News
Published on 11 October 2021
Neo Performance Materials in Estonia image

Europe is on a mission to wrest back control of the rare earth magnets supply chain from China. Permanent magnets, often using the neodymium-iron-boron chemistry are one of the hidden drivers of modern technology, powering everything from robots to refrigerators to laptop speakers. They also help to power electric vehicles (EVs) and wind turbine motors, so it can be argued that rare earth metals are at the heart of the energy transition.

America Needs 10 Times More Rare Earth Metals to Meet Biden's Electric Car Goal

Category: Tungsten's News
Published on 11 October 2021
An open pit mine image

According to a CEO working in the rare earth industry, "America needs 10 times as much rare earth metals as it does today to meet President Biden's ambitious 2030 electric vehicle goals, and it will need another 20 to 25 times as much rare earths by 2050 to meet the green economy as we increase investment in wind power, electric vehicles, and even mobile phones and the booming needs of the military."

China’s APT Price Showed a 27 Percent Increase Since the Beginning of 2021

Category: Tungsten's News
Published on 09 October 2021
tungsten ore image

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) price continued to rise while prices of tungsten concentrates and tungsten powder maintained stability in the last trading week in September as the soaring energy prices and power cuts have caused concerns about the tight supply of raw materials in the market and the reduction of industrial consumption. 

Spain's Rare Earths Pit Greens Against Tech Security

Category: Tungsten's News
Published on 09 October 2021
Spain rare earths pit greens against tech security image

Untapped rare earths projects in Spain are stirring up tensions between mining companies and environmentalists and farmers who fear that mining these minerals that are considered necessary for a high-tech and low-carbon economy will have devastating effects.

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