Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price remains stable as the market is caught in heavy wait-and-see atmosphere. Buyers are not active in taking goods while sellers keep strong offers. Most participants wait for the new guide prices from the market.

With the global shortage of chips and the rising value of rare earths, the recycling of used cars is more important than ever. And it’s just one of the projects in the Automotive Engineering Graduate Program (AEGP) of Swinburne University of Technology in Australia.

Canada aims to be an entry point for the production North American hub of rare earths production. Recently, the monazite deposits discovered in Alces Lake by Appia Energy Corp. are significant for magnet rare earths. As Appia's monazite is rich in neodymium variants and is most desirable for the production of rare earth permanent magnets. Appia's monazite is not only rich in neodymium (Nd) and praseodymium (Pr), but also contains 1% xenotime, which is the best heavy rare earth bearing hard rock mineral.

Ionic Rare Earths (IonicRE) added 2,100 meters of infill drilling in its Phase 4 drilling plan to increase the rare earth project Makuutu's measurement and indicator resource base to more than 250 million tons and to increase the confidence of Area I resources in the indicator category.

Pan Asia Metals Ltd.'s Khao Soon Tungsten Project (KSTP) and its Reung Kiet Lithium Project (RKLP) in southern Thailand are shaping up very well, and the exploration results are in line with Pan Asia's expectations.

GRS Roadstone (GRS) has reached a partnership with Tungsten West. Tungsten West has recently reopened at the Hemerdon tungsten-tin mine near Plympton, Devon. GRS plans to invest millions of pounds in selling millions of tons of granite produced from tungsten mining as high-quality secondary aggregates, which will be transported nationwide mainly by sea and rail.

NorthStar Medical Technology, Wisconsin, USA, secured 37 million US dollars under two cooperation agreements with the National Nuclear Safety Administration for the production of molybdenum-99 (Mo-99) without the use of highly enriched uranium. Molybdenum-99 is considered an important medical radioisotope and is used in more than 40,000 medical procedures in the United States every day, including diagnosis of heart disease and cancer.

A recent study found that driven by climate change, rare earth elements (REEs) are entering Colorado's water supply system. REEs are a group of 17 metal elements, which are essential elements widely used in high-tech consumer products, such as mobile phones, computer hard drives, electric cars, flat panel displays, and TVs.

The U.S. Department of Energy (DOE) announced that it will provide $30 million in funding for 13 national laboratories and university-led research projects to develop new technologies that will help ensure the construction of a clean energy technology's key materials, such as rare earths supply chain.

Preparations for the Saltend Chemical Park in UK have begun to construct a rare earth processing hub worth £90 million. The Saltend Industrial Park is a 370-acre chemical and renewable energy business cluster, including BP Petrochemicals, Ineos, Nippon Gohsei, and Air Products. The Saltend Industrial Park is owned by the px Group.