Molybdenum market quotation in China: the ammonium molybdate, ammonium heptamolvbdate and molybdenum powder prices maintain stability when insiders have high enthusiasm in trading and also have good expectation for the market outlook.

US President Donald Trump signed an executive order aimed at expanding domestic production of rare earths minerals that are vital to many critical manufacturing sectors, in an effort to reduce dependence on China recently.

The US scientists learned from locusts and developed a light sensor based on a single layer of molybdenum disulfide. Autonomous driving technology is in full swing, and in order to make self-driving cars, drones or mobile robots have keen anti-collision capabilities, the Pennsylvania State University research team began to learn from the special sensing capabilities of "locusts" by studying locusts Unique avoidance response, research and development of low-power collision sensors that can be used for self-driving cars, drones, etc.

The Japanese government will strengthen the rare earth reserve system required for industrial products such as electric vehicles. The current rare metal reserves in Japan are guaranteed for 60 days of domestic consumption and plans to expand to more than 6 months in the future.

Recently, element 25, a manganese developer listed on the ASX, picked up a handy $1 million from the $3 million sales of the Cummins Range rare earth deposit in WA's East Kimberley region which the company says will be ploughed into its developing $15 million Butcherbird manganese mine in the Pilbara.

Australian rare earth miner Lynas Corp is raising 425 million Australian dollars (306 million U.S. dollars) through rights issues to fund the construction of a cracking and leaching plant in Kalgoorlie, Western Australia.

BridgeBio Pharma, Inc. and its affiliate Origin Biosciences announced the US Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) for fosdenopterin, a cyclic pyranopterin monophosphate (cPMP) substrate replacement therapy, for the treatment of patients with molybdenum cofactor deficiency (MoCD) Type A. There is currently no approved treatment to treat type A MoCD, which can cause severe and irreversible nerve damage in infants and children.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the first trading day on October 9 after the holiday of Mid-autumn Festival and National Day. With less than one month remaining before the presidential election in the United States, plus with many uncertainties under the continued spread of Covid-19, most market participants mainly take a watchful stance. And now, the new average tungsten forecast prices from associations and listed companies are the focus of the market. 

Rare earth market quotation in China: neodymium oxide price declines slightly while europium oxide and dysprosium oxide prices remain unchanged on October 10, 2020 on low trading activity after the holiday. 

The ferro molybdenum, molybdenum powder and molybdenum oxide prices in China maintain stability but start to show sign of rise on October 10, 2020 thanks to good sentiment and firm offers of market participants, despite of low trading activity.