Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China remain stable on August 18, 2021 as the market continue to be in a stalemate. Suppliers have strong rised mentality while downstream buyers are cautious. Most participants wait for the new guidance from the market. 

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices edge lower on August 19, 2021 under lukewarm demand in the market.

China’s molybdenum powder price maintains stability on August 19, 2021. The tight supply of molybdenum raw materials and the steady demand from steel companies are the main reasons for traders’ firm offers. However, the price of ferro molybdenum in Europe has been corrected and the international molybdenum market is less active, which may affect the domestic molybdenum market.

The University of Kentucky (UK or UKY) successfully carried out a pilot test of a facility designed to use advanced extraction technology to extract miscellaneous rare earth elements from coal and its by-products under the project funding of the National Energy Technology Laboratory (NETL) of the U.S. Department of Energy. The produced concentrate of miscellaneous rare earth oxidation (MREO) was as high as 98%, reaching the initial project goal.

Ucore Rare Metals Inc. expects that the RapidSX rare earth and crucial metal separation technology developed by its subsidiary Innovation Metals Corp. will be put into commercial use within about 15 months.

Recently, the scientific research team from the Metal Research Institute of the Academy of Sciences from China has cooperated with domestic units to propose a new method to increase the optical gain. The relevant research results were published in Nature Communications with the title "An ultrasensitive molybdenum-based double heterojunction phototransistor".

After American Rare Earths Ltd announced a significant increase in the rare earth grade at its La Paz project, the company's stock price opened higher on Tuesday. Its share price surged 8% to 15.5 cents after the opening.

Recently, Strategic Metals Co., Ltd. released encouraging news. The company recently completed a plan involving detailed geological mapping and rock sampling of the Mint molybdenum-rich porphyry system project in southwest Yukon.

Geomega Resources Inc. is a developer of clean technology for rare earth mining, refining, and recycling, and is pleased to provide shareholders with the latest updates on rare earth recycling demonstration plants and other current Corporation research and development initiatives information.

Premier Africa Minerals, a diversified mining group specializing in Zimbabwe, announced that it has completed a new concept mine plan for the RHA tungsten project in Matabeleland North.