China rare earth price was tepid in the week began on Monday, August 30, 2021. Under the circumstance that the demand of downstream magnetic materials companies has not increased, suppliers have relatively insufficient confidence in price stabilization, and the prices of most products have fallen slightly. Supported by the active market sentiment, industry players still have greater expectations for the market outlook.

Molybdenum market quotation in China: molybdenum powder, ferro molybdenum and molybdenum oxide prices remain stable in the week began on Monday, August 30, 2021. 

Tungsten rings have fired up the market these days. even though it may not be the first metal ring that comes to your mind when you want to own a ring. However, it is worth your try as lately they have been fashionable and selling like hotcakes.

Tungsten Producer Almonty Industries Inc. (hereinafter referred to as "Almonty" or "the Company") is pleased to announce that it will appoint Mark Goodman as a member of the board of directors.

Taruga Minerals, a young exploration company listed on the Australian Stock Exchange, has delivered a variety of high-grade rare earths in its Mt Craig copper mine project in South Australia, and has also discovered other key battery metals such as lithium, scandium and vanadium. The total rare earth oxide or “TREO” reached 1,059 ppm, and the copper mine’s Mt Craig added a new dimension.

Lynas Corp, a rare earths producer, got the extension to construct the permanent disposal facility in Malaysia result from the third wave of the COVID-19 pandemic constraints.

EU is formulating a proposal to increase domestic production of permanent magnets by supporting local manufacturers to produce rare earth magnets so that they can compete with Chinese competitors, which is essential for electric car engines, sources close to the situation said.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price continues to keep unchanged in the second half of August with the impact of both demand and macro sides. Affected by the repeated epidemics, the expansion of domestic demand to external demand and the kinetic energy of overseas economic stability have been hindered. However, the supply and cost sides keep supporting the market. 

China’s domestic rare earth price mixes in the week ended on Friday, August 27, 2022. With the limited support of positive factors, the consumer market gradually shifted from a seller’s market to a buyer’s market. Therefore, the prices of most products declined to varying degrees. 

China’s domestic molybdenum market keeps stable and firm in the week ended on Friday, August 27, 2021. Affected by the short supply at the beginning of the week, the prices of many products have risen, which in turn stimulated the increase in profit-making awareness of holders. At the same time, it also increased the hesitation and wait-and-see mood of consumers in purchasing.